With the BI Rate is decreasing, it is expected that the interest rate on bank loans can be derived, so that the real sector remain awake and running. World investment in the country we can still survive and still run with the normal activities
Look after the overall economy and in foreign countries, Bank Indonesia decided down the BI Rate 25 basis points to be 7.5 percent. The condition of the world economy that is still covered uncertainty, but there are way to positive sentiment, especially with the results of the G-20 meeting is to encourage improvements in the capital market. BI project Indonesia experienced economic growth slowing in 2009 and will grow due to fiscal stimulus, so the growth in the range of 3% -4%.
Level of inflation in the quarter in 2009 I came down because of a decrease in fuel, food good condition, and that inflation expectation.
Prices of food security and development to provide for us to reach the limit under the 5-7 percent inflation.
Prices of food security and development to provide for us to reach the limit under the 5-7 percent inflation.
Performance quarterly balance of payment in 2009 I showed a better than originally estimated. Where the export is still positive.
Manufacturing line down global demand. But I quarterly balance of payment surplus 3.5 billion U.S. dollars, foreign exchange reserves 54.8 billion U.S. dollars which is enough to 5.9 months import payments plus debt.
Condition with the condition of banks is also good. Capital adequacy ratio reached 17.7 percent per February 2009, the ratio of bad debts (NPL) is still good, in which gross NPL of 4.3 percent, net NPL of 1.6 percent. Concomitant increase in both liquidity and investment funds a third party credit growth is still low but expected to increase quarter II.
Manufacturing line down global demand. But I quarterly balance of payment surplus 3.5 billion U.S. dollars, foreign exchange reserves 54.8 billion U.S. dollars which is enough to 5.9 months import payments plus debt.
Condition with the condition of banks is also good. Capital adequacy ratio reached 17.7 percent per February 2009, the ratio of bad debts (NPL) is still good, in which gross NPL of 4.3 percent, net NPL of 1.6 percent. Concomitant increase in both liquidity and investment funds a third party credit growth is still low but expected to increase quarter II.
