Indonesian Political, Business & Finance News

Visit to US: BI Governor Emphasises Key Factors for Indonesia's Economic Resilience

| Source: ANTARA_ID Translated from Indonesian | Economy
Visit to US: BI Governor Emphasises Key Factors for Indonesia's Economic Resilience
Image: ANTARA_ID

Jakarta (ANTARA) - Bank Indonesia Governor Perry Warjiyo revealed three key factors underpinning national economic resilience during follow-up meetings with global investors, as well as discussions with the US-ASEAN Business Council and the International Monetary Fund (IMF) in Washington DC, United States. Perry, as quoted in an official statement received in Jakarta on Thursday, conveyed that the key factors in question are policy credibility, the ability to adapt to global dynamics, and the strengthening of international partnerships. Furthermore, the first key factor is the consistency and synergy of monetary, fiscal policies, and financial system stability implemented credibly. The second factor is the ability to continuously adapt and adjust policy frameworks in line with changing global dynamics. The meeting between BI Governor Perry Warjiyo and Finance Minister Purbaya Yudhi Sadewa with business actors affiliated with the US-ASEAN Business Council and the US Chamber of Commerce reflects the importance of direct interactions between policymakers and the private sector amid rising global uncertainties. On that occasion, Indonesia affirmed its resilient economic performance amid various crises, while strengthening the confidence of US business actors operating in Southeast Asia. On the same day, the BI Governor also held a meeting with IMF First Deputy Managing Director Dan Katz, which discussed geopolitical developments and high global uncertainties. Therefore, policy calibration not only focuses on visible indicators but also on the ability to anticipate risks that are not yet fully identified. In line with these three key factors, BI continues to strengthen international policy synergy and communication with global investors to maintain external stability and support national economic growth amid rising global uncertainties.

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