Bank Indonesia macroprudential supervision and coordination with microprudential supervision by the OJK will be strengthened to ensure financial system stability is maintained. The integrated banking supervision forum between Bank Indonesia and OJK has been running well, and has even been expanded with the LPS.
The risks to the outlook for price developments are expected to be still broadly balanced over the medium term, with upside risks relating in particular to higher commodity prices as well as stronger than expected increases in administered prices and indirect taxes, and downside risks stemming from weaker than expected economic activity.