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Indonesia: Detailed Assessment of Observance of IMF Code of Good Practices on Transparency in Monetary and Financial Policies

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2012. "Indonesia: Detailed Assessment of Observance of IMF Code of Good Practices on Transparency in Monetary and Financial Policies," IMF Staff Country Reports 2012/188, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/188
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    Cited by:

    1. Kiyutsevskaya, Anna (Киюцевская, Анна) & Trunin, Pavel (Трунин, Павел), 2018. "Features of Interest Rate Policy Under the Inflation Targeting Regime [Особенности Процентной Политики При Режиме Таргетирования Инфляции]," Working Papers 031812, Russian Presidential Academy of National Economy and Public Administration.

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