Investor Presentaiton

Bank Indonesia Policy Mix: December 2023 Maintaining Stability and Reviving Growth B BANK INDONESIA BANK SENTRAL REPUBLIK INDONESIA The BI Board of Governors Meeting agreed on 20th-21st th December 2023 to hold the BI-Rate at 6.00%, while also maintaining the Deposit Facility (DF) rate and Lending Facility (LF) rate at 5.25% and 6.75% respectively. Starting from December 21st 2023, Bank Indonesia will refer its policy rate using the term "BI-Rate", replacing the BI 7-Day (Reverse) Repo Rate, to enhance its monetary policy communication. % Rp Hold the Bl Rate at 6.00% Rupiah stabilisation through foreign exchange market intervention with a focus on spot and Domestic Non- Deliverable Forward (DNDF) transactions, as well as government securities (SBN) in the secondary market Strengthening the pro-market monetary operations (MO) strategy for effective monetary policy, which includes optimising Bank Indonesia Rupiah Securities (SRBI), Bank Indonesia Forex Securities (SVBI) and Bank Indonesia Forex Sukuk (SUVBI) Deepening prime lending rate (PLR) transparency policy with a focus on interest rates by economic sector Accelerating payment system digitalisation towards greater transaction efficiency and expanding the digital economy and finance (EKD) ecosystem as follows: 1. (Expanding QRIS implementation by: (i) setting a target of 55 million QRIS users in 2024, (ii) setting a target of 2.5 billion QRIS transactions in 2024, and (iii) strengthening the cross-border QRIS implementation strategy to accelerate uptake, 2. Strengthening Indonesia Credit Card (KKI) implementation for the government segment by developing online payment features, while expanding more intensive socialisation, coordination and monitoring activities. Expanding international cooperation with other central banks and authorities in partner countries, particularly through cross-border QRIS linkages and local currency transactions (LCT), as well as facilitating investment, trade and tourism promotion in priority sectors in conjunction with relevant institutions Source: Bank Indonesia 80

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