Bank Indonesia Policy Mix

Stronger Fundamentals Facing the Headwinds Inflation Rate (%) Inflation controlled within the target range 1998 2008 12.1 Sep 2021 5 1.60 (yoy) 1998 82.4 2008 18-Oct-21 IDR Movement (%) IDR appreciated year-to-date Foreign Reserves (USD bn) Significantly higher than 1998 & 2008, ample to cover 8.6 months of import and external debt repayment -197 -35 1998 17.4 2008 -0.43 (ytd) Sep 2021 -300 -200 -100 0 1998 Non-Performing Loan/NPL (%) NPL level (gross) is below the maximum threshold of 5% 30 2008 3.8 Aug 2021 3.35 0 5 10 15 20 20 External Debt (Public & Private) to FX Reserve Ratio Significantly lower than 1998 crisis 25 30 30 35 40 Government Debt/GDP Consistently well-maintained More Liquid Market (%) Overnight interbank money market rate is relatively lower 62 50.2 10.5 2.8 1998 2008 Sep 2021 External Debt/GDP Higher than 2008, but significantly lower than 1998 146.9 8.6x 3.1x 2.92x 100.0% 27.4% 41.38% 116.8% 33.2% 37.5% 2008 Aug 2021 2008 1998 Sep 2021 2008 Q2-2021 1998 1998 5554 51

View entire presentation