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Financial system stability maintained in 2020 pressure: BI


Financial system stability maintained in 2020 pressure: BI
30th April 2021
Logo of Bank Indonesia. ANTARA / BI Documentation
Financial sector resilience was maintained as a result of the government, Bank Indonesia, and related authorities synergizing to shoulder joint responsibility in the financial sector Jakarta (ANTARA) - The Financial Stability Review Book (KSK) Number 36, issued by Bank Indonesia (BI), concluded that stability of Indonesia’s financial system could be maintained in the midst of pressure arising from the COVID-19 pandemic in 2020.
Financial sector resilience was maintained as a result of the government, Bank Indonesia, and related authorities synergizing to shoulder joint responsibility in the financial sector. Various policy synergies, with extraordinary measures related to the National Economic Recovery (PEN) program, have been applied to tackle the pandemic that has battered the economy and financial system, according to an excerp ....

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