Mr Sabirin discusses recent developments in the Indonesian economy Presentation by Dr Syahril Sabirin, Governor of Bank Indonesia, at the Banque de France, Paris in March 1999. Good evening, ladies and gentlemen.
Incoming data seem to conclude that the global recovery might be halting or at least losing steam. Meanwhile, inflation has stuck to the upward trend on the back of elevated commodity prices and supply disruptions induced by the pandemic. And the narrative on the nature of inflation is switching firmly from transitory to persistent.