In  in 2023. Bank Indonesia will continue to strengthen synergy and coordination with the government and KSSK to revive bank intermediation to businesses to strengthen national economic resilience and recovery. KSSK policy coordination and supervision continues to be strengthened to maintain financial system stability, including in formulating joint efforts to mitigate the spillover effect of global turmoil.
If you take all this into account you will see there is not that problem to this respect. The programme bolsters the creation of a bubble. Investors are forced to buy stocks, since bonds become all to expensive due to the ECB. Liikanen: That’s a fair point. We must monitor the side effects including in the real estate market.