INDONESIA

The Jakarta Post-June 7

The World Bank assessed Indonesia as well-positioned to deal effectively with the risk of global financial and capital market volatility, which is still considered the biggest threat to macroeconomic stability as the faster-than-expected normalization of the United States monetary policy could trigger portfolio capital outflows.

The second Indonesia Economic Quarterly report for 2018 issued on Wednesday commended Bank Indonesia (BI) for its sound and transparent monetary policy and the Finance Ministry for its prudent fiscal management despite the election year — when governments are usually tempted to expand populist programs and distribute political goodies.

Read more at: http://www.thejakartapost.com/academia/2018/06/07/dealing-with-global-uncertainty.html

First published in: The Jakarta Post