Central Bank Independence Relatively Newfangled Notion

Marissa Abdul Rahman, Executive in Research and Advisory, KRA Group

07-Sep-20 07:37

Central Bank Independence Relatively Newfangled Notion

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Several proposed changes to the central bank law in Indonesia have raised concerns amongst investors, over the prospect of government ministers having voting rights and monetary policy meetings. Other recommendations include expanding Bank Indonesia's mandate to cover economic growth and employment, in addition to managing the value o the rupiah. To give us a picture of why these proposals are being put forward at this point in time, we speak to Marissa Abdul Rahman, Executive in Research and Advisory at KRA Group.

Image credit: Odua Images/Shutterstock

Produced by: Dayana Mustak

Presented by: Roshan Kanesan, Lyn Mak, Noelle Lim

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Categories: Personal Finance, Investments, Financial Literacy, Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Social Issues

Tags: indonesia, central bank, monetary policy, joko widodo, government, economy, rupiah,

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