BI Reveals Policy In 2025 To Maintain Stability And Economic Growth

JAKARTA - Bank Indonesia (BI) Governor Perry Warjiyo said that monetary policy in 2025 will be in line with the government's efforts, namely maintaining stability and economic growth.

"The policy direction of Bank Indonesia in 2025 that we conveyed earlier is to maintain stability and support economic growth. In 2025 our monitor policy will still be balanced to support stability, pro-stability, and pro-growth. Balance between the two," he said at the Commission XI Working Meeting of the DPR RI, Wednesday, November 6.

In addition, Perry explained that the macro policy and payment system will remain pro-growth. And will continue to ensure that inflation is right on target of 1.5 percent to 3.5 percent so that there is an open opportunity for lower interest rates.

"We will also continue to stabilize this exchanged with intervention and strengthen the pro-market monitor operation strategy as well as to deepen the foreign exchange article money market in accordance with the blueprint for deepening the money market which we will update to 2030," he explained.

In addition, Perry said that he would continue to coordinate with the government, especially in fiscal and monetary policies to support the real sector.

"We will continue to direct the policy of our research's macro liquidity incentives to encourage credit and financing to priority sectors, which we will start next year to sectors that absorb higher employment opportunities," he said.

Meanwhile, Perry said that for the payment system sector, his party raised the target number of QRIS users to 50 million and merchants to 40 million with a target transaction volume of 5.5 billion by 2025.

"QRIS, of course, we will increase the target to 50 million users and 40 million merchants, the transaction volume is 5.5 billion," he said.

Perry hopes that the volume of digital payment transactions will increase by 25 percent and ensure that more inclusive financial services in all regions of the Republic of Indonesia, including the outermost, remote, and underdeveloped (3T) areas.

"The macro assumption, policy direction, main performance indicators, and the 2025 Bank Indonesia policy mix direction plan, of course, have implications for Bank Indonesia's 2025 annual budget plan which we convey here," he explained.