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Posted by Tim on August 12, 2024 at 7:27pm 0 Comments 0 Likes
Posted by smithmorgan on August 12, 2024 at 7:24pm 0 Comments 0 Likes
Posted by smithmorgan on August 12, 2024 at 7:24pm 0 Comments 0 Likes
Indonesia's central bank kept its policy interest rate at a record low pg at today's meeting. The goal is to support the country's economy to recover from the impact of the Covid-19 virus. which is still spreading heavily now
Indonesia's central bank kept its bond repurchase rate with a seven-day reverse repurchase rate, the policy interest rate, at 3.5%, a record low. The action was in line with analysts' expectations.
Since 2020, Indonesia's central bank has cut interest rates by 1.50% and has injected more than $57 billion in liquidity into the financial system. and easing borrowing regulations to stimulate the country's economy to recover from the impact of COVID-19
Indonesia's central bank lowered its 2021 gross domestic product (GDP) forecast from 4.6 percent to 3.8 percent, based on the impact of COVID-19 containment measures.
Indonesia's Ministry of Health said yesterday that There were 33,772 new cases of COVID-19, bringing the cumulative total to 2,983,830, the highest number in Southeast Asia (ASEAN).
The death toll from COVID-19 The number of new cases was 1,383, the highest number since the outbreak since last year. As a result, the total death toll stood at 77,583, the highest number in ASEAN as well.
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