Bank Indonesia More Transformative, Three 2021 Reports Released Simultaneously

Illustration (Photo: Doc. Bank Indonesia)

JAKARTA - Bank Indonesia (BI) launched the 2021 Transparency and Accountability Report consisting of the 2021 Indonesian Economic Report (LPI), the 2021 Bank Indonesia Annual Report (LTBI) and the 2021 Sharia Economic and Financial Report (LEKSI) simultaneously.

BI Governor Perry Warjiyo said that the submission of three reports at the same time at the beginning of the year was the first time that the central bank was committed to Article 58 of the BI Law.

"This is proof of our reform through the transformation of institutional governance on the basis of independence, coordination, transparency and accountability," he said in Jakarta, as published on the official website on Wednesday, January 26.

According to Perry, LPI outlined key messages related to the economic picture, including optimism for 2022 as well as various synergies and policy innovations to support economic recovery. Strengthening in the 2021 LPI is carried out by adding a special thematic chapter related to the transformation of the policy mix and the acceleration of the digital financial economy.

"Last year we sharpened the elaboration of Bank Indonesia's institutional transformation including policy transformation, organizational transformation, human resources and work culture as well as digital transformation to build Bank Indonesia as a central bank with superior performance," he said.

Meanwhile, LEKSI 2021 outlines information on the development and direction of sharia economic and financial policies, both in the national sharia economic synergy and development programs carried out by Bank Indonesia in synergy with the government, relevant authorities, and national and international stakeholders.

The strengthening is also said to have targeted the direction of Islamic economic and financial policies, including policies, as well as enrichment of various special topics.

"Bank Indonesia encourages the development of priority sectors of the halal value chain (HVC), particularly the halal food-beverage sector and the Muslim fashion sector, as well as discussions on productive waqf as an alternative source of financing," concluded Perry.