Parliament on Thursday passed revisions to an omnibus financial law that add promotion of real‑sector expansion to Bank Indonesia’s objectives, widening its remit beyond monetary stability and economic growth. The text does not make clear whether emp

2026-06-04

Parliament on Thursday passed revisions to an omnibus financial law that add promotion of real‑sector expansion to Bank Indonesia’s objectives, widening its remit beyond monetary stability and economic growth. The text does not make clear whether employment creation is formally added to the bank’s duties. Finance Minister Purbaya told lawmakers the change is intended to strengthen Bank Indonesia’s role in deploying a policy mix to foster an environment conductive to real‑sector growth and job creation.