Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Robert Sidauruk
Bank Indonesia is currently preparing action plans to address several short-term challenges facing the financial sector in Indonesia, such as balance of payments, private foreign debt and the inflation rate.
“The issue on balance of payment must be addressed as this has become center of attention for foreign creditors and investors,” says Mirza Adityaswara, Senior Deputy Governor at Bank Indonesia (BI), in Jakarta on Thursday.
According to BI, national balance of payment on second quarter of 2013 shows a deficit trend which has reached USD 2.5 billion.
Though it is better than the first quarter of 2013 that reached USD 6.6 billion, Mirza hoped that the Government and BI can work out together to suppress the deficit amount, by reducing the importation activity.
Another short-term challenge is the current considerable amount of private foreign debt. Mirza perceived that there must be control measures over the private foreign debt, especially on non-priority projects.
“Private foreign debt flows must be controlled and should only be granted in more prudent manner to non-priority projects of private company,” adds Mirza.
In respect to inflation rate issue, Mirza asserted that BI has taken necessary effort to control the rate. However, Mirza asserted the importance of coordination between Central and Regional Government to address the inflation issue by maintaining the stability of commodity supply and production.
On different occasion, Agus Martowardojo, Governor of BI, informed that the “Shutdown” policy in United State will also affect national economic situation to a certain extent.
Though it will not happen in near future, the shutdown policy is likely to disrupt trading and investment inflow of both countries.
Likewise, Agus also emphasized on the importance of coordination between BI and related Government institutions to ensure the availability and distribution of foods to reduce the inflation rate. He also warned that the upcoming Idul Adha holiday may also contribute to increase the inflation rate.
“There must be a serious coordination in maintaining the availability and distribution of food, market prices inspection prior to national holiday, fuels and electricity,” conclude Agus.
(hot/kc)
Fathan Qorib, Robert Sidauruk
Bank Indonesia is currently preparing action plans to address several short-term challenges facing the financial sector in Indonesia, such as balance of payments, private foreign debt and the inflation rate.
“The issue on balance of payment must be addressed as this has become center of attention for foreign creditors and investors,” says Mirza Adityaswara, Senior Deputy Governor at Bank Indonesia (BI), in Jakarta on Thursday.
According to BI, national balance of payment on second quarter of 2013 shows a deficit trend which has reached USD 2.5 billion.
Though it is better than the first quarter of 2013 that reached USD 6.6 billion, Mirza hoped that the Government and BI can work out together to suppress the deficit amount, by reducing the importation activity.
Another short-term challenge is the current considerable amount of private foreign debt. Mirza perceived that there must be control measures over the private foreign debt, especially on non-priority projects.
“Private foreign debt flows must be controlled and should only be granted in more prudent manner to non-priority projects of private company,” adds Mirza.
In respect to inflation rate issue, Mirza asserted that BI has taken necessary effort to control the rate. However, Mirza asserted the importance of coordination between Central and Regional Government to address the inflation issue by maintaining the stability of commodity supply and production.
On different occasion, Agus Martowardojo, Governor of BI, informed that the “Shutdown” policy in United State will also affect national economic situation to a certain extent.
Though it will not happen in near future, the shutdown policy is likely to disrupt trading and investment inflow of both countries.
Likewise, Agus also emphasized on the importance of coordination between BI and related Government institutions to ensure the availability and distribution of foods to reduce the inflation rate. He also warned that the upcoming Idul Adha holiday may also contribute to increase the inflation rate.
“There must be a serious coordination in maintaining the availability and distribution of food, market prices inspection prior to national holiday, fuels and electricity,” conclude Agus.
(hot/kc)