Economics

Jokowi Backs Central Bank Mandate to Aid Indonesia’s Growth

President wants Bank Indonesia focus to include growth, jobs
Southeast Asia’s largest economy to rebound 7% in 2Q: Jokowi

WATCH: Indonesian President Joko Widodo is backing a push to expand the central bank’s mandate to include bolstering the economy.(Source: Bloomberg)

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By Arys Aditya, Claire Jiao, and Grace Sihombing

April 7, 2021 at 7:39 AM UTC

Updated on

April 8, 2021 at 2:23 AM UTC

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President Joko Widodo is backing a push to expand Bank Indonesia’s mandate to include bolstering the economy, throwing his public support behind a legislative move that some analysts see as risking the central bank’s independence.