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The first Republican government-controlled bank, the Indonesian State Bank (Bank Negara Indonesia, BNI) was founded on 5 July 1946. It initially acted as the manufacturer and distributor of ORI (Oeang Republik Indonesia/Money of the Republic of Indonesia), a currency issued by the Republican Government which was the predecessor of Rupiah. [45]
The national emblem of Indonesia contains a shield that represents Pancasila. Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1]
Indonesia, [c] officially the Republic of Indonesia, [d] is a country in Southeast Asia and Oceania, between the Indian and Pacific oceans. Comprising over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea, Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at 1,904,569 square kilometres (735,358 square miles).
This is a list of some of the regions of Indonesia. Many regions are defined in law or regulations by the central government. Many regions are defined in law or regulations by the central government. At different times of Indonesia 's history, the nation has been designated as having regions that do not necessarily correlate to the current ...
Indonesia followed Thailand in abandoning the fixed exchange rate of its currency on 14 August 1997. [33] The rupiah further devalued to its lowest point following the signing of the second IMF letter of intent on 15 January 1998. The 1997 Asian financial crisis that began to affect Indonesia mid-year became an economic and political crisis ...
The National Economics Council (Indonesian: Dewan Ekonomi Nasional) is an Indonesian government economic advisory council that advises the President on strategic economic policy formulation and recommendation. [1]
The main responsibilities of the ministry are the formulation, determination and implementation of policies related to political and general governance; regional autonomy; development of regional and village administration and matters of governance; regional development and finance as well as demographics and civil records. it also reviews laws passed by provincial legislatures.
Agriculture is a major component of the economy of Sulawesi and employs more people than any other economic sector—according to one 2016 source, 30–40% of Sulawesi's constituent provinces' GDP is tied to agriculture. [3]