Financial Sector Policy Package - Consolidating the Future

A Joint Decision between the Coordinating Minister of Economic Affairs, the Governor of Bank Indonesia, the Minister of Finance, and the State Minister of State-Owned Enterprises have issued a policy package that complements 2 earlier policy package initiatives relating to investment and infrastructure development. The ultimate goal of the 3 policy packages is to speed up economic growth and to ensure that Indonesia increases its levels of global competitiveness.

There are five main policy areas covered: financial system stability, banking institutions, non-banking financial institutions, capital market, and others. The policy package comprises of 14 separate policy initiatives, 32 individual programs, and requires the completion of 57 specific policy related actions. The majority of the policy, program, and actions relate to the banking, non-banking, and capital market.