Bank Indonesia increased its reference rate by 50 basis points (bps), from 6.5 percent to 7 percent, on Thursday.
Bank Indonesia fixes reference rate at seven percent 30 , 2013 | Source: Antara News Bank Indonesia increased its reference rate by 50 basis points (bps), from 6.5 percent to 7 percent, on Thursday.
"It was agreed during a meeting of the board of governors today that the economic policy package must be further strengthened. Therefore, they decided to raise the central bank`s rate by 50 bps to 7.0 percent, lending facility rate by 25 bps to 7.0 percent, and deposit facility rate by 50 bps to 5.25 percent," said Difi A Johansyah, the central bank`s executive director of communication, at a press conference.
The Indonesian government has ensured that people in the age group of over 18 years will receive the COVID-19 vaccine to expand vaccination coverage to 70 percent across Indonesia.
The Indonesian government plans to issue savings sukuk (Islamic bonds), series ST007, to expand the base of retail investors in the domestic financial market and finance green projects in the state budget (APBN).
President Joko Widodo recently signed a regulation specifying the procurement and immunization schedule for the COVID-19 vaccine for Indonesia, which has been battling the deadly disease since March 2 this year.
President Joko Widodo on Wednesday said the coronavirus pandemic has reminded the nation and the state of the importance of science and technology.
Indonesian Foreign Affairs Minister Retno Marsudi offered her condolences and sympathies to the families of the victims of the explosion that rocked Beirut in Lebanon on Tuesday evening.
Indonesia is working with South Korea to develop a vaccine for the novel coronavirus disease, in addition to collaborating with China.
Embassy of the Republic of Indonesia Budapesti Indonéz Nagykövetség
Accredited Countries: Hungary, Macedonia
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669 E-mail: embassy@indonesianembassy.hu |