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View all search resultsburden-sharing-scheme
Regulations 3 years ago
PREMIUM
Crisis over: Govt pledges ‘burden sharing’ with BI ends this year
An agreement between the government and Bank Indonesia (BI) to collaborate on financing the deficit will end this year, as the Finance Ministry promises not to extend the policy to 2023, following greatly improved economic and pandemic conditions that make such measures less urgent for the near future.
Business 5 years ago
PREMIUM
Yearender 2020: Govt takes extraordinary measures, passes jobs law as Indonesia falls into recession
“Extraordinary times require extraordinary policies and measures,” Finance Minister Sri Mulyani Indrawati said on April 1 as the government scrambled to rescue the economy and handle the pandemic.
Business 5 years ago
Bank Indonesia ‘leaves room’ for further rate cuts this year
Bank Indonesia (BI) still has the option to cut its benchmark interest rate further this year to aid the recovery of the pandemic-battered economy, after keeping its rate unchanged for four consecutive months, BI Governor Perry Warjiyo has stated.
