This development is also supported by the criteria for CCP members, which are in line with the roadmap for participation in payment system infrastructure and Bank Indonesia’s financial market infrastructure.
Inflation control since the mid-1990s has been particularly successful which can be attributed to wide ranging reforms which have improved the macro-policy framework and eased supply constraints. Fourth, the long-run inflation trend is determined by non-agricultural GDP and money supply. Increase in money supply unaccompanied by a commensurate increase in non-agricultural GDP is potentially inflationary.