Investor Presentaiton
Bank Indonesia's Policy Mix 2020
Synergy to Build Economic Recovery Optimism
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Maintaining accommodative monetary policy
stance (lowering policy rate 125bps in 2020).
Maintaining rupiah exchange rate stabilisation
policy in line with the currency's fundamental
value and market mechanisms.
Strengthening the monetary operations strategy
to reinforce the accommodative monetary
policy stance.
Focusing on the quantity channel by providing
liquidity to stimulate economic recovery
Controlling inflation thru Inflation Control
Team in national and regional level.
Supporting the 2020 state budget through
SBN purchases in the primary market in line
with Act No. 2/2020, while maintaining
macroeconomic stability.
Supporting national economic recovery
program thru Burden Sharing Scheme with
the MOF
Promoting lower lending rates through close
supervision and public communication in
coordination with OJK.
Strengthening policy coordination with the
Government and Financial System Stability
Committee to maintain macroeconomic and
financial system stability.
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Monetary
Policy
Coordination
with other
Authorities
Source: Bank Indonesia
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Macro-
prudential
Policy
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Implementing Macro prudential
Intermediation Ratio (RIM)
Implementing Macro prudential
Liquidity Buffer (MLB)
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Electronification:
Social
program, e-payment for
Government
1 Financial technology
National Payment Gateway
(NPG)
Payment
System
Policy
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QRIS
Standard)
(QR
Indonesia
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Financial Market
Deepening
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Developing
1 Expanding National Clearing
System (SKNBI) services
market
instruments for
financing infrastructure
1 Developing financial market infrastructures
Rupiah Interest Rate Swaps (IRS) and
Overnight Index Swap (OIS)
1 Domestic non-Deliverable Forward (DNDF)
Developing the Commercial Papers (Surat
Berharga Komersial)
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