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Gayatri Suroyo

Indonesia minister says economic policies must align better to tackle crisis

Sep 09 2020

JAKARTA, Sept 9 Indonesia must synchronise monetary and fiscal policies better to tackle economic pressures caused by the pandemic, although the government does not back a proposal for a monetary board to oversee the country's central bank, a top minister told Reuters.

Explainer: Proposed changes to Indonesia central bank law raise fears over independence

Sep 04 2020

JAKARTA Indonesia's parliament will consider recommendations to overhaul how the central bank operates, raising market fears that Bank Indonesia (BI) will lose independence and its policymaking could be at risk from political interference.

UPDATE 1-Bank Indonesia defends rupiah as doubts rise over c.bank independence

Sep 02 2020

* Rupiah falls on worry over BI independence, debt monetisation

UPDATE 1-Indonesia August inflation slips to new 20-year low

Sep 01 2020

* C.bank benchmark rate at 4% now, having been cut 4 times ytd (Adds comments by economists)

UPDATE 1-Indonesia panel recommends overhaul in central bank's mandate

Aug 31 2020

* Panel suggests GDP growth, employment added to c.bank mandate

Indonesia puts $33 billion move of capital city on hold to tackle pandemic

Aug 19 2020

JAKARTA Indonesia has put on the backburner President Joko Widodo's ambitious $33-billion project to relocate the capital city to the island of Borneo as it grapples to rein in the coronavirus pandemic, the planning minister said.

UPDATE 1-Indonesia c.bank keeps rates on hold, eases car loan rules

Aug 19 2020

* Governor: quantitative measures more effective to support GDP

Indonesia posts largest trade surplus in 9 years in July

Aug 18 2020

JAKARTA Indonesia posted its biggest trade surplus in nine years in July, as exports improved while domestic demand for imports remained subdued amid the coronavirus pandemic, data from the statistics bureau showed on Tuesday.

Indonesia president urges economic 'reboot', boost to health care

Aug 14 2020

JAKARTA Indonesia must use the coronavirus pandemic to reboot Southeast Asia's biggest economy, President Joko Widodo said on Friday, as he proposed a $187 billion 2021 budget that includes spending more on healthcare, including vaccines, and infrastructure.

UPDATE 1-Indonesia president urges economic "reboot", boost to health care

Aug 14 2020

* 2021 GDP growth seen at 4.5%-5.5%, vs near flat in 2020 (Recasts to adds president's budget speech)

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