{
    "success": true,
    "data": {
        "id": 1887297,
        "msgid": "indonesia-assures-markets-of-stability-amid-bank-indonesia-transition-1785289809",
        "date": "2026-07-29 07:38:32",
        "title": "Indonesia assures markets of stability amid Bank Indonesia transition",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "The Financial System Stability Committee has moved to reassure markets that monetary and financial policies will remain solid and investor-friendly during the leadership transition at Bank Indonesia. Senior Deputy Governor Destry Damayanti has assumed the role of Acting Governor, with officials expressing confidence in her extensive experience. The government has yet to name a permanent successor, who will require confirmation by the House of Representatives.",
        "content": "<p>..our policies remain solid, pro-growth, pro-stability and\nmarket-friendly..Jakarta (ANTARA) - The Financial System Stability\nCommittee (KSSK) reassured markets that national financial and monetary\npolicies will remain solid, pro-growth and pro-stability amid the\nleadership transition at Bank Indonesia (BI).<\/p>\n<p>Finance Minister and KSSK Chair Purbaya Yudhi Sadewa stated in\nJakarta on Tuesday (July 28) that coordination among financial\nauthorities remains strong to ensure market confidence and maintain an\ninvestor-friendly climate.<\/p>\n<p>\u201cWe are demonstrating to the market that our policies remain solid,\npro-growth, pro-stability and market-friendly,\u201d Purbaya said.<\/p>\n<p>Senior Deputy Governor Destry Damayanti has stepped in as Acting\nGovernor of Bank Indonesia, assuming the role following the departure of\nlong-serving Governor Perry Warjiyo.<\/p>\n<p>Purbaya voiced full confidence in Destry\u2019s capability to guide the\ncentral bank through the interim period, pointing to her extensive track\nrecord across key financial institutions, including BI and the Deposit\nInsurance Corporation (LPS).<\/p>\n<p>\u201cDestry is not a new player; she is a veteran. She has been involved\nin the KSSK process for quite some time. Her knowledge is solid, and she\nis well-qualified to ensure monetary policy is executed seamlessly,\u201d\nPurbaya added.<\/p>\n<p>Destry\u2019s interim appointment follows the statutory mandate outlined\nin Law No.\u00a023\/1999 on Bank Indonesia\u2014most recently updated via Law\nNo.\u00a04\/2026 on Financial Sector Development and Strengthening (P2SK).<\/p>\n<p>Under the law, the Senior Deputy Governor automatically assumes the\nduties of Governor if the post becomes vacant until a permanent official\nis confirmed.<\/p>\n<p>Meanwhile, Minister of State Secretary Prasetyo Hadi confirmed\nseparately that President Prabowo Subianto has not yet named a permanent\nsuccessor for the central bank\u2019s top job.<\/p>\n<p>To fill the permanent post, President Prabowo will submit candidates\nto the House of Representatives (DPR) for a formal selection and\nconfirmation process before final executive appointment.<\/p>\n<p>Related news: BI vows policy continuity after Perry Warjiyo\u2019s\nsurprise resignation<\/p>\n<p>Related news: Indonesia yet to name Perry Warjiyo\u2019s successor, says\nacting BI chief<\/p>\n<p>Related news: Economist urges new BI governor to lead rupiah\nstability<\/p>\n<p>Translator: Imamatul Silfia, Yashinta Difa<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-assures-markets-of-stability-amid-bank-indonesia-transition-1785289809",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}