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The Bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion. It hosted AFI's second annual Global Policy Forum (GPF) in Bali, Indonesia in 2010. [6] On 14 May 2012 Bank Indonesia announced it would be making specific commitments to financial inclusion under the Maya Declaration. [citation ...
The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. [2] Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. [3] With its establishment in 1930 it is the oldest international financial institution.
They are called the Basel Accords as the BCBS maintains its secretariat at the Bank for International Settlements in Basel, Switzerland and the committee normally meets there. The Basel Accords is a set of recommendations for regulations in the banking industry .
The museum is closed on Mondays (including public holidays) and has an entrance fee of Rp5,000. The museum is designed to introduce the public to Bank Indonesia's role in Indonesian history, such as monetary policies and payment systems that change over time. The museum also provides visitors with an audio and visual experience on the hi
Gaston Gelos (born Rafael Gaston Gelos) is a German-Uruguayan economist. [1] [2] He joined the International Monetary Fund (IMF) in 1998 and has served as the Assistant Director of the Western Hemisphere Department since October 2022, where he was the Mission chief for Mexico.
The policy began to be set out in November 1966, following the reaching of agreement with Indonesia's creditors in October 1966 on debt relief and loan restructuring. Economic policies were put in place to require adequate bank reserves, ending subsidies on consumer goods, end import restrictions, and to devalue the rupiah.
The International Monetary Fund (IMF) has historically had a large presence in Indonesia, Southeast Asia's largest economy.During the Suharto era of the 1960s to 1990s the IMF enjoyed an active presence in the Indonesian economy and politics gaining influence through political sympathizers and technocrats within the Indonesian government.
The agency was created in 2011 under the Act No. 21 of 2011 which organised system of regulation and supervision of financial services. It replaced the functions of the Capital Market and Financial Institutions Supervisory Agency (Badan Pengawas Pasar Modal dan Lembaga Keuangan) or Bapepam-LK in short.