Strengthening International Policy Bank Indonesia continues to strengthen international cooperation in coordination with the Government to support economic recovery and maintain macroeconomic and financial system stability, both globally and domestically.
To tackle these weaknesses at an international level, the G20 are pursuing a comprehensive and ambitious regulatory reform agenda. I believe it is vital to mitigate the main weaknesses of the financial system. The new rules for banks’ capital and liquidity cushions, for example, are a good start in this respect. However, this is by no means enough.