JAKARTA - Bank Indonesia (BI) Governor Perry Warjiyo emphasized the importance of optimizing the central bank's policy mix in maintaining economic stability and encouraging sustainable growth at the meeting of the Minister of Finance and the Governor of the Central Bank of the G20 in South Africa.
The policy mix (policy mix) of the central bank that Perry refers to includes monetary, macroprudential and payment systems policies.
Perry, quoted through an official statement, quoted by Antara, in Jakarta, Saturday, July 19, emphasized that the synergy and coordination between monetary and fiscal policies is the key in dealing with increasingly complex global economic dynamics.
In addition, Perry also conveyed Indonesia's progress with Asian countries in implementing cross-border payments to achieve cheaper, faster and transparent payment systems so as to encourage inclusive growth.
BI's active participation in the G20 is BI's support for the government's efforts to strengthen Indonesia's strategic role in the international arena in maintaining stability and encouraging a strong, balanced, inclusive and sustainable global economic recovery.
The meeting which took place in Durban, South Africa, on July 17-18, 2025, agreed on several things, including strengthening international cooperation in facing global challenges and encouraging inclusive and sustainable economic growth.
Furthermore, the G20 highlighted the global economic risks stemming from the high uncertainty due to trade and geopolitical tensions.
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In this regard, the G20 agreed to encourage a fair and open multilateral trading system and encourage structural reforms to increase long-term growth.
BI also welcomes various G20 agreements and continues to play an active role in encouraging the global financial reform agenda, strengthening cross-border payment systems, and efforts to stabilize the financial sector in line with national priorities and sustainable development goals.
This is in line with the efforts of Indonesia's central bank to strengthen and expand international cooperation in the central bank area, including payment system connectivity.
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