One thing that I would like to highlight, with regard to the communication aspect as I have mentioned, is that the demand for policy clarity and transparency – without delay – is increasing, including the demand for very details macro economic data or statistic. This fact has also been one of Bank Indonesia’s concerns to always improve the policy transparency communication.
BIS central bankers’ speeches  3  We welcome the on-going work by the Commission and the EIB on joint risk-sharing instruments to support SME lending, which would combine the EU budget resources with the EIB and the EIF lending capacity4. The European Council has supported this initiative and called for these instruments to begin operating in January 2014.