The Islamic economic and finance development program has put as one of the strategic objectives of Bank Indonesia Strategic Function 2024 and enhance inter-institutions cooperation and coordination programs including the development of inclusive finance and MSME, as well as Islamic economics and finance. Bank Indonesia has set a vision of Indonesia to become a center of Islamic Finance Center in the region.
Collectively, the FSCC is thankful that a review of our Macroprudential framework is central to the Financial Sector Assessment Program, or FSAP, currently being completed by the International Monetary Fund (IMF) and the World Bank (WB). With this framework, we are joining the list of nations who subscribe to the global best practice of releasing to the public their Macroprudential Policy framework.