"We are a country that needs capital from abroad. The money from reduced fuel subsidies (BBM) which reallocated to productive sectors is still not enough because there is still a deficit in the state budget, the deficit patch is the flow of capital from abroad," Mirza said during a discussion with reporters on Wednesday.
Mirza said that the inflow of foreign capital can not be ignored because the government still require funding for development, especially infrastructure costs are not little.
The banking industry, go Mirza, also require funds from abroad to meet its liquidity. Loan to deposit ratio (LDR / LDR) is relatively high in which 90 percent of third-party funds have been used for lending.
"We need to keep funds from abroad still go to Indonesia. In addition, existing funds do not get out. Because if that comes out will be a reduction of funding in the country," said Mirza.
To guard against capital outflow (capital outflow), the central bank responds to the policy "ahead the curve" pascakenaikan fuel price since Nov. 18, 2014.
Mirza said it wanted to demonstrate to investors that the central bank is responsive and anchor inflation to remain under control.
He also appreciates the fuel price adjustment policy that is expected to make a move to improve the current account deficit.
Mirza cited delays in responding to Turkey extreme pressure that caused the country must raise interest rates by 450 basis points extremes in January 2014.
"It cntoh deficit countries but want to fight the market. Turkey nurunin interest rates, but the exchange rate weakened, finally raised again right. BI did not want to like it," said Mirza. (MFD)
: Mayolus Fajar Dwiyanto
COPYRIGHT © ANTARA 2026
Dilarang keras mengambil konten, melakukan crawling atau pengindeksan otomatis untuk AI di situs web ini tanpa izin tertulis dari Kantor Berita ANTARA.
