The Name Of The Governor Of BI Has Entered The DPR, Ferry Warjiyo Steps Stay Fit And Proper Test

The Governor of Bank Indonesia (BI), Perry Warjiyo. (Photo: Doc. Antara)

Member of Commission XI DPR Muhammad Misbakhun said President Joko Widodo's (Jokowi) letter regarding the name of the candidate for Governor of Bank Indonesia for the period 2023-2028 had entered the DPR. Jokowi himself proposed that Perry Warjiyo's singles return to BI.

The DPR leadership has received the letter. In a closed envelope. I have received information from the Secretary General of the DPR RI," said Misbakhun when contacted, Wednesday, February 23.

Misbakhun said the DPR leadership would follow up the letter to the DPR Deliberative Body. Then, the DPR through Commission XI will hold a fit and proper test before giving or not giving approval to the candidate. Waiting for the DPR RI Bamus meeting, first," he said.

Previously, President Jokowi included the name Perry Warjiyo to be included in the fit and proper test at the DPR. Perry Warjiyo became the sole candidate for governor of BI chosen by Jokowi.

Some of the names of BI Governor candidates are widely circulated in the public, including Finance Minister Sri Mulyani Indrawati, BI Senior Deputy Governor Destry Damayanti, Chairman of the Destry Desayanti Deposit Insurance Corporation (LPS) Purbaya Yudhi Sadive, Chairman of Perbanas Kartiko Wirjoatmodjo, and incumbent Perry Warjiyo.

Chairman of the Budget Agency (Banggar) of the House of Representatives of the Republic of Indonesia (RI) Said Abdullah Muhammad Said Abdullah said that the Governor of BI has an important task because BI has a very strategic role.

"The task is to ensure that the inflation rate is under control. This inflation is a very important matter, high inflation can be a disaster for a government, because it has a direct effect on the lives of many people," he said.

In addition, BI is also tasked with ensuring that the rupiah exchange rate against a number of major global currencies, especially the United States (US) dollar is stable.

Because, Said said, the turmoil of the rupiah could create a runyam for the domestic financial market.

He also emphasized that the Governor of BI needs the ability to organize and make the right decisions in carrying out various market operations with the aim of controlling inflation and the exchange rate.

"BI is also responsible for ensuring that financial inclusion goes well, ensuring various financial transactions, especially regarding the payment system running well, safely, and quickly," he said.

The Indonesian Democratic Party of Struggle (PDI-P) politician said BI was also authorized to manage foreign exchange traffic and state foreign exchange reserves.

Most recently, BI's duties and authorities in implementing macroprudential policies must be placed within the framework of sustainable economic growth.

This is in accordance with Law (UU) Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (PPSK).