This has been accomplished while adhering to quantity targeting, whereby Bank Indonesia controls growth in base money within an indicative target range. Throughout the year, the growth of base money has remained within target.
This gives us confidence that we will be maintaining the growth in money so that there is sufficient liquidity to satisfy the needs of the real economy, without risking a run-up in inflation. Ladies and Gentlemen, I would now like to turn to the banking sector. Supported by improved macro-monetary conditions, banking sector shows stronger condition.