Payment Electronification Expansion. 20. In relation to the Payment Electronification Expansion, one of the visions of Bank Indonesia in non-cash sector is to realize a society with strong preference to using non-cash payment instruments and facilities in making financial transactions, also known as Less Cash Society. 21.
This was particularly true in 2011… a year considered as one of the most challenging for central banks across the globe. We had to deal with the consequences of a slowing global economy affected by global developments. In the US, the underlying drift is still for below-trend growth even as employment has somewhat improved.