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Business 5 years ago
Financial sector overhaul could harm BI’s independence, economists warn
The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulation in lieu of law (Perppu) on financial system reform may interfere with the central bank’s independence, economists have warned.
Business 5 years ago
Indonesia at 'near-certain recession' as recovery depends on virus control, economists warn
“We should have controlled the virus spread first before the economy could grow. If the virus cases declined, the economy would automatically pick up," University of Indonesia senior economist Faisal Basri told lawmakers.
Business 5 years ago
Govt should increase healthcare stimulus as Indonesia gears up for new normal: Indef
Indef economist Bhima Yudhistira said that greater stimulus was needed to increase the country’s healthcare capabilities, which would in turn support the gradual reopening of the economy so that COVID-19 transmission did not spike and cause a second wave of infections.
National 5 years ago
Experts, activists call for heightened public scrutiny of COVID-19 policies, funding
The call derives from the apparent impunity a recent regulation provides to officials in charge of implementing COVID-19 policies and disbursing related funds, as well as the "defanged" anticorruption agency.
