Destry: Stability remains Bank Indonesia's priority amidst global uncertainty

Jakarta (ANTARA) - The Governor-elect of Bank Indonesia (BI), Destry Damayanti, stated that stability remains the priority for Indonesia’s central bank, given the continued high levels of global uncertainty.

She noted that if the Indonesian economy remains stable, the stability of the rupiah exchange rate and inflation can be maintained, which will ultimately create a conducive climate for even higher economic growth.

“The stance remains the same: stability is paramount. In current conditions, where global uncertainty remains high, stability remains the key for us,” Destry said during a press interview at the DPR RI Building, Jakarta, on Tuesday.

In general, Destry stated that good policies from the previous leadership that are relevant to modern developments will be continued. However, she reminded that policies are highly dependent on current conditions.

She also ensured that coordination with the government will continue to be strengthened so that future monetary and fiscal policies can operate more in alignment.

“Because the government, through its fiscal policy, carries out its expansion plans, Bank Indonesia will naturally support that. Therefore, communication is essential to ensure our fiscal and monetary policies can move in harmony moving forward,” said Destry.

Regarding price stability, she added that coordination will also be strengthened to ensure inflation targets are met. This is particularly relevant to volatile food inflation from the supply side, which cannot be managed by the central bank alone but requires direct intervention from the government.