Seventh, I would like to invite all banking sector colleagues to utilize Indonesia’s demographic potentials with its large population and still relatively limited access to financial sector. Bank Indonesia, hand in hand, with the government is currently formulating a financial inclusion national strategy.
In such circumstances, in October last year the NBS started to gradually reduce the degree of monetary policy expansion, using in the right way the flexibility of the domestic monetary framework, created back in late 2012. This enables us to adjust monetary conditions without changing the main interest rates.