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Central Bank Independence Relatively Newfangled Notion

Central Bank Independence Relatively Newfangled Notion

Morning Brief

September 7, 20208m 43s

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Show Notes

Several proposed changes to the central bank law in Indonesia have raised concerns amongst investors, over the prospect of government ministers having voting rights and monetary policy meetings. Other recommendations include expanding Bank Indonesia's mandate to cover economic growth and employment, in addition to managing the value o the rupiah. To give us a picture of why these proposals are being put forward at this point in time, we speak to Marissa Abdul Rahman, Executive in Research and Advisory at KRA Group.

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Topics

Financial ServicesGovernment/Regulatory/Policy MakingEconomyMarketsPoliticsNewsCurrent Affairsindonesiacentral bankmonetary policyjoko widodogovernmenteconomyrupiah