Showing posts with label US and European debt crises. Show all posts
Showing posts with label US and European debt crises. Show all posts

Wednesday, September 14, 2011

BI prepares measures to anticipate slowing growth

The central bank is preparing a number of measures to anticipate a global economic slowdown triggered by the recent US and European debt crises, as Indonesia gears up to feel the impact next year.

Among the measures are the formation of the Financial System Security Network, the formulation of a crisis management protocol and the strengthening of the ASEAN+3 cooperation, Bank Indonesia (BI) leading researcher Suhaedi said on Tuesday in Jakarta.