Jakarta (Antara Bali) - The government, Bank Indonesia and the Deposit Guarantee Corporation (LPS) have signed a new memorandum of understanding (MOU) on mutual coordination for crisis anticipation.
"We have agreed and signed a memorandum of understanding on how we will conduct coordination to safeguard the financial system's stability," remarked the Deputy Minister of Finance, Mahendra Siregar, after the MOU was signed.
The signing of the MOU on the new structure of the Financial System Stability Coordination Forum (FKSSK) was also attended by Finance Minister Agus Martowardojo; Bank Indonesia's governor, Darmin Nasution; Bank Indonesia's deputy governor, Halim Alamsyah; and the director general of debt management, Rahmat Waluyanto.
Mahendra observed that the new FKSSK structure would not only improve coordination among the three institutions in terms of the exchange of the latest data and information but also help the institutions discuss the crisis indicators of the management protocol.
"We are trying to harmonise the policies of the three institutions concerned and (improve their) coordination in producing a policy," he remarked.(IGT)
COPYRIGHT © ANTARA News Bali 2012
"We have agreed and signed a memorandum of understanding on how we will conduct coordination to safeguard the financial system's stability," remarked the Deputy Minister of Finance, Mahendra Siregar, after the MOU was signed.
The signing of the MOU on the new structure of the Financial System Stability Coordination Forum (FKSSK) was also attended by Finance Minister Agus Martowardojo; Bank Indonesia's governor, Darmin Nasution; Bank Indonesia's deputy governor, Halim Alamsyah; and the director general of debt management, Rahmat Waluyanto.
Mahendra observed that the new FKSSK structure would not only improve coordination among the three institutions in terms of the exchange of the latest data and information but also help the institutions discuss the crisis indicators of the management protocol.
"We are trying to harmonise the policies of the three institutions concerned and (improve their) coordination in producing a policy," he remarked.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012