Supervisory body to boost BI's accountability

Indonesia's Minister of Finance, Boediono, has repeated the importance of establishing a supervisory board for Bank Indonesia's board of governors. The idea has been opposed by Bank Indonesia but is meant to strengthen the central bank, Boediono said.

Source: The Jakarta Post

Minister of Finance Boediono stressed on Monday the importance of setting up a supervisory board for Bank Indonesia's board of governors in a bid to strike a balance between the central bank's independence and its accounta