Indonesia expects 4.5-5.2 percent growth in Q1 World

Indonesia expects 4.5-5.2 percent growth in Q1

Indonesian Finance Minister Sri Mulyani Indrawati has projected that the country’s economy will grow 4.5 percent to 5.2 percent in the first quarter of 2022 amid uncertainty about the global economy due to the conflict in Ukraine.
Indonesia pilots QR payment linkage with Malaysia, Thailand World

Indonesia pilots QR payment linkage with Malaysia, Thailand

Bank Indonesia (BI) is running a pilot project for a cross-border quick response (QR) payment linkage with the central banks of Malaysia and Thailand - Bank Negara Malaysia (BNM) and Bank of Thailand (BOT), in a bid to propel digitalisation and make transactions between the said countries more efficient.
Indonesia's central bank to buy 30 billion USD of Gov’t bonds World

Indonesia's central bank to buy 30 billion USD of Gov’t bonds

Indonesia’s central bank will purchase government bonds worth up to 439 trillion rupiah (30.46 billion USD) in 2021 and 2022 under a new agreement with the country's Ministry of Finance, according to Reuter, citing CNBC Indonesia's report on August 23.
Indonesia, Brunei agree to cooperate on anti-money laundering World

Indonesia, Brunei agree to cooperate on anti-money laundering

The Governor of Bank Indonesia, Perry Warjiyo, and Managing Director of Brunei Darussalam Central Bank (BDCB), Rokiah Badar, have agreed to cooperate in combating money laundering and prevent the financing of terrorist activities in the payment system.
WB helps Indonesia achieve more resilient financial sector World

WB helps Indonesia achieve more resilient financial sector

The World Bank’s Board of Executive Directors has approved a loan of 400 million USD to support reforms that will help the Government of Indonesia increase the depth, improve the efficiency, and strengthen the resilience of the financial sector.
Indonesia's foreign debt drops 3.8 percent in Q3 World

Indonesia's foreign debt drops 3.8 percent in Q3

Indonesia's foreign debt, which includes government and private sector borrowings, in the third quarter of this year was recorded at 408.5 billion USD, a drop by 3.8 percent year-on-year, compared to 5.1 percent in the previous quarter, Bank Indonesia (BI) announced on November 16.