Indonesia: Detailed Assessment of Observance of IMF Code of Good Practices on Transparency in Monetary and Financial Policies
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Summary:
This paper discusses key findings of the Financial Sector Assessment Program (FSAP) covering the transparency of monetary policy in the Republic of Indonesia. There is a reasonably high degree of transparency in Indonesia’s monetary policy, with much progress having been made over the last decade. The paper highlights that the adoption of an inflation targeting (IT) framework in 2005 significantly enhanced the effectiveness of Bank Indonesia in conveying its objective to the wider public.
Series:
Country Report No. 2012/188
Subject:
Banking Central banks Financial institutions Financial statements Government securities Inflation targeting Monetary operations Monetary policy Open market operations Public financial management (PFM)
English
Publication Date:
July 18, 2012
ISBN/ISSN:
9781475504941/1934-7685
Stock No:
1IDNEA2012003
Pages:
40
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