Bank Indonesia will continue to assess the possibility of further easing a number of existing and new macroprudential policy instruments to boost credit and financing for the business sector. The transparency policy on bank interest rates will be strengthened to encourage a faster reduction  47  BANK INDONESIA’S ANNUAL MEETING 2020  in loan interest rates.
To encourage MSMEs-based growth, Bank Indonesia will issue a Macroprudential Inclusive Financing Ratio (Rasio Pembiayaan Inklusif Makroprudensial - RPIM) policy by expanding the target and coverage of inclusive financing, incentives for banks that encourage the corporatization of MSMEs and priority sectors, as well as encouraging the securitization of MSMEs loans.