Central Bank Independence Relatively Newfangled Notion

Several proposed changes to the central bank law in Indonesia have raised concerns amongst investors, over the prospect of government ministers having voting rights and monetary policy meetings. Other recommendations include expanding Bank Indonesia's mandate to cover economic growth and employment, in addition to managing the value o the rupiah. To give us a picture of why these proposals are being put forward at this point in time, we speak to Marissa Abdul Rahman, Executive in Research and Advisory at KRA Group.

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