Claire Jiao and Grace Sihombing, Bloomberg News A motorist rides past closed stores in Seminyak, Bali, Indonesia, on Friday, Jan. 22, 2021. Movement restrictions in Bali were extended by two weeks to Feb. 8 as the government sought to curb the spread of coronavirus infections. , Bloomberg
(Bloomberg) Indonesiaâs economy capped its first annual contraction since the 1998 Asian financial crisis as the regionâs worst coronavirus outbreak continued to sap activity through the fourth quarter.
Gross domestic product in the final three months of 2020 fell by 2.19% from a year earlier, the statistics bureau said Friday. The median estimate in a Bloomberg survey was for a contraction of 2.3%. For the full year, GDP slipped 2.07%, in line with a 2.1% drop economists forecast.
Expediting Indonesia s economic recovery process 2nd February 2021
The container loading and unloading activities at Tanjung Priok Port, North Jakarta, Thursday (21/1/2021). Bank Indonesia (BI) has again maintained the benchmark interest rate, or BI 7-day Reverse Repo Rate, at 3.75 percent that is consistent with the forecast for low inflation and maintained external stability as a concerted effort to support national economic recovery. ANTARA FOTO / Dhemas Reviyanto / foc. Global economic activity will continue to increase, as various countries roll out COVID-19 vaccinations, coupled with the ongoing fiscal and monetary policy stimuli.
Global economic recovery will primarily be driven by China and the United States, several advanced economies, such as Europe and Japan, as well as developing economies, including India and the ASEAN.
HomeBusiness NewsCB announces appointment of 2 Deputy Governors CB announces appointment of 2 Deputy Governors 18 December 2020 09:27 am - 0
The Monetary Board, with the concurrence of the Finance Minister, has promoted Assistant Governors T.M.J.Y.P. Fernando and N.W.G.R.D. Nanayakkara to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL), with effect from December 14, 2020.
Their appointments come in the wake of retirement of Senior Deputy Governors Dr. Nandalal Weerasinghe and H.A. Karunaratne.
Fernando has over 30 years of service in the Central Bank, in the areas of supervision and regulation of banks, foreign exchange management and currency management.
Fri, Dec 18, 2020, 09:03 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 18, Colombo: The Central Bank of Sri Lanka today announced that the Monetary Board, with the concurrence of the Minister of Finance, has promoted Assistant Governors, Mrs. T M J Y P Fernando and Mr. N W G R D Nanayakkara to the post of Deputy Governor of the Central Bank with effect from 14th December 2020.
Mrs. T M J Y P Fernando
Mrs. T M J Y P Fernando has over 30 years of service in the Central Bank in the areas of supervision and regulation of banks, foreign exchange management and currency management.