63437
Indonesia Liquidity  Rises 10%
World Economy

Indonesia Liquidity Rises 10%

The growth of economic liquidity or money supply in the broader sense (M2) increased in March 2017. M2 position was recorded at Rp5,017.0 trillion ($376 billion), grew 10% year-on-year and growth higher than the previous month which amounted to 9.2% y-o-y, the Division of Monetary and Fiscal Statistics of Bank Indonesia reported in its research publication on Saturday, netralnews reported. Based on its components, the growth in M2 comes from quasi money and securities other than shares, which grew by 8.6% and 33.1% y-o-y, respectively. The increase was higher than that of February 2017 of 7.3% and 6.1%. “Based on the factors that influence, M2 growth is influenced by the accelerated growth of bank credit,” the report said. Meanwhile, the credit disbursed by banks at the end of March 2017 was recorded at Rp4,395.4 trillion or grew 9.1% y-o-y, higher than that of February 2017 which grew by 8.4%. The acceleration of credit growth mainly occurred in working capital credit and investment credit.

 

Short URL : https://goo.gl/KKyuwr
  1. https://goo.gl/xdDnbU
  • https://goo.gl/EgPcr5
  • https://goo.gl/zvIHc5
  • https://goo.gl/5nTRTo
  • https://goo.gl/4YAQNJ

You can also read ...

China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus