Indonesia Changes Tack in Bid to Get Banks to Lend More, Boost Growth
NeutralFinancial Markets

Bank Indonesia is shifting its approach to encourage banks to lend more in an effort to stimulate economic growth. This change comes as the central bank acknowledges that its current monetary policy has not been effective in achieving desired outcomes. The move is significant as it reflects the challenges faced by the economy and the need for new strategies to foster financial activity.
— Curated by the World Pulse Now AI Editorial System