Central Banking

Central bank should be more accountable - panel

INDONESIA - The independent panel set up to review Bank Indonesia Law recommended amendments to increase the accountability of the central bank's board of governors, a government official said on Apr 9, 2001.

Two members of the panel said that there are some shortcomings in the current law including weak clauses concerning the accountability of Bank Indonesia's board of governors, Dipo Alam, an official at the economic ministry told journalists.

Dipo added that the team, whose members are forme