Indonesia’s central bank proposes solutions to improve economy
The Indonesian central bank (BI) has proposed five measures to effectively improve the country’s economy.
BI Governor Agus Martowardojo. (Photo: AFP/VNA)The Indonesian central bank (BI) has proposed five measures to effectively improve the country’s economy.
According to BI Governor Agus Martowardojo, the solutions focus on protecting the country’s currency and maintaining good economic indexes.
The five policies include enhancing inflation management, maintaining the stability of the country’s currency, improving the currency’s liquidity management, strengthening supply-demand dynamics in the forex market, and continuing financial deepening measures.
Indonesia’s retail turnover in July rose only 4.8 percent compared to the same period in 2014, due to a slide in the demand for food, beverages and cigarettes. It was the lowest rise since December 2014.-VNA
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