Central Banking

Timetable set for Bank Indonesia reform

The Indonesian parliament vowed Thursday to speed up deliberations on crucial changes of management and legal governance at the country's central bank. Parliamentary deputy speaker, Tofari Widjaja said that lawmakers would decide by December 11 on the appointment of three senior officials at Bank Indonesia, easing fears of a protracted standoff. Tofari pledged that lawmakers would finalise new ammendments to the country's central bank law by 6 December.

Legislators say the changes are needed

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