IMF gives thumbs up to Indonesia’s new monetary operating framework

Photo: Bank of Indonesia

The International Monetary Fund has praised efforts taken by Bank Indonesia to improve its monetary policy transmission.

In its latest Article IV consultation, the fund took note of the reforms implemented by the bank in the past year, saying early indicators were "favourable".

The central bank "shifted" its policy rate to the seven-day reverse repo rate in August 2016, and narrowed the interest rate corridor between the overnight lending facility and deposit facility to 75 basis points above

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account