Document Type
Article
Abstract
The growth of Indonesian economy on Quarter III, 2016 recorded positive growth with a wellmaintained financial system and macroeconomic stability. The economy grew moderately supported by remaining strong domestic demand amidst the slow recovery of the global economy. The economic stability is also good reflected on the low inflation, decreasing current account deficit, and relatively stable exchange rate. An increase of domestic economy and lower global financial risk enable monetary ease on Quarter III, 2016. Furthermore, the reduction of interest rate policy is well transmitted and is expected to strengthen the growth momentum of the economy. Looking forward, Bank Indonesia will keep strengthening his policy mix and macroprudential, and his coordination with the government to ensure the inflation control, greater stimulus for growth, and the implementation of structural reform run on the right track, and hence preserve the sustainable economic development.
Recommended Citation
Machmud, TM Arief; Perdymer, Syachman; Anwar, Muslimin; Aman, Nurkholisoh Ibnu; Ayu K, Tri Kurnia; and Mutiara K, Anggita Cinditya
(2016)
"QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER III, 2016,"
Bulletin of Monetary Economics and Banking: Vol. 19:
No.
2, Article 5.
DOI: https://doi.org/10.21098/bemp.v19i2.626
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol19/iss2/5
First Page
109
Last Page
128
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Indonesia
Affiliation
Bank Indonesia
