Fresh Challenges for Central Bank Governor
Monday, 6 March 2023
Perry Warjiyo is to continue as Bank Indonesia governor. Restoring its independence will be a major challenge.
AS he is the sole candidate and the choice of President Joko Widodo, Perry Warjiyo is almost certain to serve a second term as Bank Indonesia governor. This should provide momentum for the government and Bank Indonesia (BI) to return to the right system of economic management after all of the maneuvering during the Covid-19 pandemic.
But the reappointment of Perry reminds us of a number of measures that he took in his first term. During that tim...
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