New BI governor puts stability as top agenda
Destry was inaugurated on Sept. 2, alongside newly appointed senior deputy governor Aida S. Budiman and deputy governor Solikin M. Juhro, with all three appointed for five-year terms.
Bank Indonesia appointed Destry Damayanti as the new governor on September 2, alongside senior deputy governor Aida S. Budiman and deputy governor Solikin M. Juhro, all serving five-year terms. Destry, the newly elected BI governor, emphasized macroeconomic stability amidst global uncertainty while aiming for growth. She noted that the global economy remains in a higher interest rate environment for an extended period, with persistent uncertainty potentially impacting the country's economic outlook.
Destry stated that stability is crucial as a stable economy provides more room for growth. Moving forward, the first priority will be safeguarding stability, though policy instruments will be calibrated to support both stability and growth. Rising global bond yields, currently pressuring financial markets, will be among the issues discussed at the next monetary policy meeting, reflecting the higher for longer environment facing major economies with elevated bond yields and inflation.
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