QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER II, 2016

  • TM Arief Machmud Monetary and Economic Policy Department Bank Indonesia
  • Syachman Perdymer Monetary and Economic Policy Department Bank Indonesia
  • Muslimin Anwar Monetary and Economic Policy Department Bank Indonesia
  • Nurkholisoh Ibnu Aman Monetary and Economic Policy Department Bank Indonesia
  • Tri Kurnia Ayu K Monetary and Economic Policy Department Bank Indonesia
  • Anggita Cinditya Mutiara K Monetary and Economic Policy Department Bank Indonesia
  • Illinia Ayudhia Riyadi Monetary and Economic Policy Department Bank Indonesia
DOI: https://doi.org/10.21098/bemp.v19i1.602
Keywords: macroeconomy, monetary, economic outlook, Indonesia.

Abstract

The growth of Indonesian economy on Quarter II, 2016 increased with a well-maintained financial system and macroeconomic stability. Though the growth was not uniform across sectors, the aggregate growth has increased during this quarter, supported by domestic demand, fiscal stimulus, along with monetary policy ease. On the other hand, the macroeconomic stability was well preserved as reflected on inflation within the band target, a better current account deficit, and relatively stable Rupiah’s rate. This stable macroeconomic condition enabled the monetary authority to ease their policy. In the future, the policy coordination between the fiscal and the monetary authority is required, particularly on accelerating the implementation of structural reform, to support a sustainable economic growth.

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Published
2016-09-30
How to Cite
Machmud, T., Perdymer, S., Anwar, M., Aman, N., Ayu K, T., Mutiara K, A., & Riyadi, I. (2016). QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER II, 2016. Buletin Ekonomi Moneter Dan Perbankan, 19(1), 1-20. https://doi.org/10.21098/bemp.v19i1.602
Issue
Vol 19 No 1 (2016)
Section
Articles

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Buletin Ekonomi Moneter dan Perbankan / Bulletin of Monetary Economics and Banking is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.