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The current account is an important indicator of an economy's external sector. It is defined as the sum of the balance of trade (goods and services exports minus imports), net income from abroad, and net current transfers.
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
In football, from 2012 until 2014 Bank Negara Indonesia was the official regional partner of Premier League football club Chelsea Football Club in Indonesia. In motorsports, since 2016 Bank Negara Indonesia currently is the official personal sponsor of Sean Gelael and official banking partner of Team Jagonya Ayam racing management.
In 2019, as Indonesia's share of global trade exceeded 0.5 percent, the United States Trade Representatives decided not to classify Indonesia as a "developing country." [ 139 ] Despite a revocation of this status, the Indonesian government has assured that this would not change the current Generalized System of Preferences facilities that ...
The Indonesian one hundred thousand rupiah banknote (Rp100,000) is a denomination of the Indonesian rupiah. Being the highest and second-newest denomination of the rupiah (after the Rp2,000 note), it was first introduced on November 1, 1999, as a polymer banknote [1] [2] before switching to cotton paper in 2004; [3] all notes have been printed using the latter ever since.
While much of the KLM Interinsulair Bedrijf later transformed to Garuda Indonesia Airline, part of it transformed to civilian flight regulatory authority called Djawatan Penerbangan Sipil (Civil Aviation Service) in 1952. It later elevated to a directorate-level Directorate of Civil Aviation in 1963 within the Ministry of Transportation, and ...
The Provisional Constitution of 1950 (Indonesian: Undang-Undang Dasar Sementara Republik Indonesia 1950, UUDS 1950) replaced the Federal Constitution of 1949 when Indonesia unilaterally withdrew from the union with the Netherlands agreed at the Round Table Conference and returned to being a unitary state. It came into force on 17 August 1950.
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