JAKARTA: Indonesia's central bank
still sees room for easing monetary policy, but will keep an eye on inflation
risks, a deputy governor said on Friday.
"If we look at domestic
conditions and see conducive conditions, of course there is still some room for
easing," Bank Indonesia Deputy Governor Perry Warjiyo told reporters.
"To push for growth, we are
using liquidity more (and looking at) how to push liquidity so that the banking
sector issues more credit," he added.
Warjiyo said loan growth in 2016 was
likely around 9 percent.
The Financial Services Authority
targets lending to increase 13.5 percent this year.
Bank Indonesia cut its benchmark
interest rate six times in 2016, by a total of 150 basis points, in a bid to
get banks to lend more and to lift the economic growth rate.
Copyright Reuters, 2017
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