Free Trial

Jakarta to use QE for as long as needed...>

INDONESIA: Jakarta to use QE for as long as needed to tackle pandemic (FT)
- Indonesia will use unprecedented quantitative easing and other emergency
monetary and fiscal policies for as long as it takes to recover from the
coronavirus pandemic, according to the country's finance minister. With the
private sector in retreat after weeks of lockdown, massive state spending was
needed to shore up the economy, Sri Mulyani Indrawati said. This was despite
concerns among investors about the country relaxing hard-won constitutional
limits on fiscal deficits. "Today the government is the only player in town,"
she told the Financial Times in an interview.
- Link:
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.