Dear Leaders, Heed This Advice!

One of the key points of the IMF team recommendation: Bank Indonesia to exit from monetary budget financing before the end of 2022.

Yopie Hidayat

January 31, 2022

IT is not a final and legally binding opinion yet. But, Bank Indonesia (BI) and the government are better to listen very carefully to this initial recommendation from the International Monetary Fund (IMF) team who just finished virtual consultations with Jakarta, last week. One of the key points: Bank Indonesia to exit from monetary budget financing by the end-2022 target date. Indeed, since 2020, BI has been financing the government’s

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