Mengurai Optimisme Bank Indonesia Tahun 2024

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"Saksikan tayangan kami Official Youtube IDX Channel di Program 2nd Session Closing, Kamis (18/01/2024) dengan Tema Mengurai Optimisme Bank Indonesia Tahun 2024".

Transcript

00:00 The Bank Indonesia Optimist says that inflation rate will remain at 1.5% to 3.5% in 2024

00:08 In connection with this, the Bank Indonesia Optimist will continue to strengthen the response of monetary policy

00:12 to increase the effectiveness in ensuring that inflation remains controlled and stable

00:17 The Bank Indonesia Optimist says that inflation rate in Indonesia remains controlled at 1.5% to 3.5% in 2024

00:30 This was stated by the Indonesian Bank Governor Perry Warjo in a press conference of the Indonesia Bank Governor's Council in January 2024

00:37 In order to achieve the target of inflation, the Indonesian Bank Governor said that

00:41 he will continue to strengthen the response of monetary policy and innovation

00:44 to increase the effectiveness in ensuring that inflation remains controlled and stable

00:49 The Bank Indonesia Optimist continues to strengthen the response of monetary policy and innovation

00:54 to increase the effectiveness in ensuring that inflation remains controlled and stable

01:05 More on the inflation rate in 2023, the Bank Indonesia says that inflation is realized at 2.16% year-on-year

01:12 lower than the previous year at 5.51%

01:16 The achievement of inflation is due to the maintenance of a number of inflation components

01:20 and the result of the consistency of the Bank Indonesia policy of Pro-Stability

01:23 and the Bank Indonesia's and the government's long-term support in the central and regional areas

01:27 From Jakarta, Timi Putan, AIDA Action News

01:30 Yes, the review of the Bank Indonesia assessment at the Indonesia Bank Governor's Council in January 2024

01:41 A number of things were stated by the Bank Indonesia, especially regarding the economic conditions, both global and domestic

01:48 And let's take a look at the review one by one, where we start with inflation

01:52 Where the Bank Indonesia stated that the escalation of conflict in the Middle East area is also a concern of the Central Bank

01:59 Where the US military, as we know, and also the British, have recently started to cover a number of silent points

02:05 as a response to the militia activities in the Red Sea

02:09 The Governor of the Bank Indonesia, Perry Wardjo, said that his party has been monitoring the conflict

02:14 and its impact on the global supply chain

02:19 And so far, the Governor of the Bank Indonesia has said that the escalation of the conflict in the Red Sea or in the Middle East

02:24 has not had a significant impact on the global supply chain

02:28 Therefore, the Central Bank sees that the conflict has not had an impact on the national inflation level

02:34 However, the Bank Indonesia will continue to monitor the development of the conflict

02:38 and also monitor various risks arising from the escalation

02:42 Based on the results of the Bank Indonesia Governor's Council in January 2024

02:47 the Central Bank itself believes that the national inflation rate will be maintained at 1.5% to 3.5%

02:53 This optimism is certainly driven by the development of inflation until the end of 2023

03:00 where the inflation rate until the end of 2023 was recorded to decline and also maintained in the range

03:06 where the inflation rate in December 2023 was recorded at 2.61%

03:11 or much lower than the same period in 2022 which reached 5.51%

03:18 A little review on inflation, how the Bank Indonesia optimist is related to inflation in 2024

03:24 And from inflation, we move to the intermediary sector of finance

03:28 where the Bank Indonesia believes that in 2024, the credit flow can grow in the range of 10% to 12%

03:35 This of course also answers the situation of the slowdown of credit growth in 2023

03:42 How big is the slowdown of credit growth in 2023?

03:46 Here is the information

03:47 Throughout 2023, the credit growth that is distributed by the banking industry has been slowed

03:55 compared to the previous year

03:57 The Bank Indonesia said that the credit growth grew by about 10.38% in 2023

04:03 or it was recorded to grow slowly from 2022 which was able to reach 11.35%

04:08 Nevertheless, the growth is still in the range of the Bank Indonesia projection

04:12 which indicates a growth of 9% to 11%

04:15 The credit growth in 2023 reached 10.38% year-on-year

04:22 is in the range above the Bank Indonesia estimate of 9% to 11%

04:29 From the demand side, the credit growth is in line with positive cooperation between the corporation and the household

04:37 From the supply side, the credit growth is pushed by the risk-advantage of the banking sector

04:43 and the well-maintained liquidity capacity of the banking sector

04:48 including the positive impact of the Bank Indonesia liquidity policy

04:53 such as KLM and the macro-Brussels-BLM liquidity partner

04:59 Based on the use group, the Bank Indonesia explained that the credit growth in 2023

05:04 is more supported by investment credit and capital credit

05:07 each of which is 12.26% and 10.05%

05:11 Meanwhile, for 2024, the Bank Indonesia projected a growth of 10% to 12%

05:18 Jakarta Tim Limputan, ADX Channel

05:26 The company has announced the delay in the bank's credit growth in 2023

05:32 Bank Indonesia still maintains its optimism regarding the credit flow in 2024

05:37 Bank Indonesia estimates the credit growth to increase 10% to 12% in 2024

05:45 which is considered consistent with the strong growth of the domestic economy

05:48 In order to boost the credit flow, BI will continue to maintain the effectiveness of the KLM implementation

05:54 and strengthen the synergy with the government, financial authorities,

05:58 the Ministry of Institutions, banks, and business actors

06:02 And previously, the Executive Head of the Banking Supervision Board, Dian Edianare said

06:06 that the party has adopted a bank or RBB business plan

06:10 which contains a projection of business growth for the period 2024-2026

06:15 Looking at the well-maintained macro conditions in 2024,

06:19 the credit of the bank is ensured to continue the positive trend

06:22 by noting the double-digit growth

06:25 According to the OJK, this is in line with the macroeconomic conditions of Indonesia

06:29 which remains stable at 5%

06:31 which is also supported by strong consumer demand

06:34 and at the same time related to the election campaign for 2024

06:40 And from the credit flow, we turn to other Bank Indonesia notes

06:44 namely optimism about Indonesia's economic growth

06:47 which is expected to increase in 2024

06:52 How big is the projection of Indonesia's economic growth in this political year?

06:56 Here is the information

06:57 [music]

07:00 Bank Indonesia believes that Indonesia's economic growth in 2024

07:05 will increase from 2023

07:07 Indonesian Governor, Peri Warjio

07:10 said that Indonesia's economic growth this year is estimated to be in the range of 4.7%

07:15 up to 5.5% year-on-year

07:17 [music]

07:18 In 2024, the economic growth is estimated to increase

07:23 in the range of 4.7% up to 5.5%

07:28 supported by domestic demand

07:31 mainly the continuation of consumption growth

07:34 including the positive impact of the election campaign

07:37 as well as the increase in investment, especially construction

07:41 in line with the continuation of the development of national strategic projects

07:45 including the capital city

07:48 Meanwhile, export activity is estimated to be weak

07:52 as a result of the slowdown of the global economy

07:55 and the decrease in the price of commodities

07:58 [music]

08:00 Bank Indonesia said that the growth of domestic demand is in line with the general election

08:04 and the increase in investment, especially construction

08:06 which is pushed by the continuation of national strategic projects

08:09 including the capital city

08:11 Meanwhile, export activity is now not strong

08:14 as a result of the slowdown of the global economy and the decrease in the price of commodities

08:18 Meanwhile, from the business field,

08:21 BI is confident that growth will strengthen the manufacturing industry,

08:24 large and small businesses, information and communication,

08:28 construction, transportation, and transportation

08:31 Jagat Tatim Liputan, Adik Channel

08:33 [music]

08:38 Bank Indonesia said that the weakening of the global economy

08:42 will continue in 2024

08:46 BI Governor Periwarjo said that

08:49 the growth of the global economy in 2024 is potentially slow

08:53 although uncertainties in the financial market have begun to decrease

08:56 Meanwhile, the economic growth index this year

09:00 is estimated to increase by 4.7% to 5.5%

09:04 This is especially for the Indonesian economy

09:06 which is supported by the continued demand for domestic

09:09 with the growth of consumption

09:10 including the positive impact of the election

09:14 Meanwhile, export activity is estimated to be not strong

09:16 as a result of the slowdown of the global economy

09:19 and also the decrease in the price of commodities

09:21 And based on the business field,

09:22 the prospects of the manufacturing industry,

09:25 large and small businesses, information and communication,

09:28 construction, transportation, and transportation

09:31 are estimated to continue to grow well

09:33 There is also a spatial growth of good growth

09:36 is estimated to occur in all regions

09:38 especially Sulawesi, Maluku, and Papua

09:40 along with the positive impact of mineral hylurization

09:44 Meanwhile, the Java region is still strong due to domestic demand

09:48 For that, in the future, Bank Indonesia will continue to strengthen

09:51 the synergy of government fiscal stimulus

09:53 with Bank Indonesia's macro-prudential stimulus

09:56 to boost economic growth

09:58 especially from the side of domestic demand

10:01 Yes, optimistic demand was conveyed by Bank Indonesia

10:04 at the RDG period in January 2024

10:06 It should be noted

10:08 Then we will see how the development of a number of economic indicators

10:13 in 2024

10:14 Whether it still meets the target or target

10:17 or actually slanted quite far

10:19 And we hope there are real steps

10:21 both from the monetary authority or the fiscal authority

10:24 in this matter, the Ministry of Finance represents the government

10:26 which must still maintain the economic climate of Indonesia

10:29 remain conducive and also remain stable in the midst of uncertainty

10:33 which is getting more and more lately

10:36 especially from geopolitical conflicts

10:38 which we hope will not have too much impact anywhere

10:42 especially to Indonesia

10:45 (Music)

10:47 [BLANK_AUDIO]

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