Indonesia’s central bank governor Perry Warjiyo said on Friday (Dec 2) inflation expectations were coming down rapidly after Bank Indonesia (BI) started hiking interest rates aggressively four months ago. He told a central banking forum in Bangkok that the consensus forecast for Indonesia’s inflation was at 6.9 per cent four months ago, but now is […]
Read MoreJAKARTA: Indonesia’s inflation eased in November but stayed above the central bank’s target range for the sixth consecutive month amid rising food prices and higher transportation fares, official data showed on Thursday. The headline annual inflation rate eased to 5.42% in November, compared with 5.71% in October and 5.50% expected by analysts polled by Reuters. […]
Read MoreJakarta (ANTARA) – Governor of Bank Indonesia (BI) Perry Warjiyo on Wednesday expressed optimism that Indonesia’s economy will grow around 4.5–5.3 percent in 2023. “The growth will be quite good: 4.5 percent to 5.3 percent in 2023,” he said at the Bank Indonesia Annual Meeting 2022 here. This growth would be supported by several factors such as […]
Read MoreINDONESIA’S central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain pro-stability and that energy subsidies next year will allow Bank Indonesia (BI) to raise interest rates in a measured way. Warjiyo was speaking at BI’s annual gathering with bankers, government officials and other financial regulators. This year, BI has lifted interest […]
Read MoreJAKARTA: Indonesia’s public works ministry on Monday proposed around 12.7 trillion rupiah ($807.68 million) in extra funds over the next two years to speed up construction of the country’s new capital city on Borneo island. If approved by the finance ministry, the public works ministry will see a 30% rise to around 55.7 trillion rupiah in […]
Read MoreIndonesia’s annual economic growth may slow to 4.37% next year, partly due to the impact of domestic monetary tightening, the country’s central bank (BI) governor Perry Warjiyo told a parliamentary hearing. Jakarta (VNA) – Indonesia’s annual economic growth may slow to 4.37% next year, partly due to the impact of domestic monetary tightening, the country’s central bank (BI) […]
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