World Bank Projects Only 2.2% Average Growth Rate from 2022 to...
The World Bank has estimated that the average global economic growth rate from 2022-2030 will only increase by 2.2 percent per year. This projection...
Bali Has the Highest Financial Literacy Index in Indonesia, Surpasses Jakarta
BRI Research Institute conducted a survey on financial inclusion and financial literacy index in Indonesia. The results show that financial inclusion in Indonesia reached...
Bank Credit Distribution in Indonesia Grows Rapidly in February 2023
The distribution of bank credit in Indonesia has seen a rapid growth in February 2023, driven by the strong performance of corporate debtors.
According to...
Foreign Capital Outflow Reaches Rp140 Billion in Fourth Week of March...
The Bank of Indonesia (BI) has reported that foreign capital outflow from Indonesia's financial markets in the fourth week of March 2023 reached IDR...
IMF Projects Indonesia’s Economic Growth to Reach 5% in 2023, Higher...
The International Monetary Fund (IMF) has predicted that Indonesia's economy will grow by 5 percent in 2023, which is higher than its previous forecast...
Bank Indonesia Reports Increase in Third-Party Funds Collection
The Indonesian Central Bank (BI) has reported an increase in the collection of third-party funds (DPK) in February 2023 to IDR 7,775.7 trillion or...
The Plan to Redenominate Indonesian Currency and Its Progress: A Brief...
Recently, news about the plan to remove zeros from the Indonesian rupiah currency or to redenominate it has resurfaced on social media platforms. However,...
Domestic Credit Card System to Meet International Security Standards
Bank Indonesia (BI) has confirmed that the security and domestic credit card services that will be launched in April 2023 will not be inferior...
Indonesia’s Benchmark Interest Rate Remains High Compared to Southeast Asian Countries
Bank Indonesia (BI) maintained its benchmark interest rate, the BI 7-Day Reverse Repo Rate (BI7DRR), at 5.75% on Thursday (16/3/2023) last week. While the...
Jokowi Wants Government Credit Card Independent from Visa and Mastercard
Indonesian President Joko Widodo, commonly known as Jokowi, recently expressed his desire for government credit cards to not rely on Visa and Mastercard services....
