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Investor Presentaiton

Economic highlights • Economy grows moderately on the back of resilient domestic consumption, still one of the highest among major economies • Good terms of trade and trade surplus to continue in 2023 albeit commodity prices will normalize. • Investment still has room for growth driven by foreign and domestic projects, and government capital expenditures. • Bank Indonesia increased its policy rate by 225 bps in total to 5.75% over the last 6 months to anticipate global headwinds and maintain domestic growth momentum. Inflation and BI Rates (%) 7% 6% 5% 4.75 4.75 4.37 4.25 4% 3.83 3.72 3.45 3.41 3.49 3.20 3.23 2.96 3% 2.79 2% Inflation 1% BCA Always by your side 6.00 BI 7-day (Reverse) Repo Rate 5.95 5.75 5.75 5.51 5.50 5.25 5.50 5.00 4.94 5.25 4.50 4.75 4.00 4.35 4.25 3.75 3.50 3.50 3.50 3.75 2.64 2.68 2.18 2.48 1.96 1.68 1.68 1.60 1.32 1.33 Jun-16 Feb-17 Oct-17 Jun-18 Feb-19 Oct-19 Jun-20 Feb-21 Dec-21 TTTTTTT Jun-22 Jan-23 Rupiah/USD 17,000 2021 2022 2023 16,575 Real GDP 3.30% 5.72%* 4.78% 16,000 15,743 15,235 CPI 1.87% 5.51% 4.43% 14,890 15,000 14,938 14,525 14,674 14,565 14,493 15,158 14,209 BI 7-D Rate 3.50% 5.50% 6.00% 14,668 13,830 14,000 13,661 13,565 13,609 13,853 14,076 USD/IDR 14,364 15,228 16,292 13,265 13,920 13,878 13,895 13,289 13,583 13,000 13,256 CA (% of GDP) 0.29% 1.28%* -0.19% 13,057 13,156 12,955 *) Q3-22 number 12,000 Source: Bank Indonesia & BPS for 2022, BCA economist for 2023 Jan-16 Jul-16 Feb-17 Source: Bloomberg ITTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTT Oct-17 Apr-18 Dec-18 Aug-19 Apr-20 Dec-20 Sep-21 May-22 Jan-23 Analyst Meeting FY-22 PT Bank Central Asia Tbk 4
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