Bank Indonesia Hikes Interest Rate to 7.75%

Bank Indonesia Hikes Interest Rate to 7.75%

Assessment

Interactive Video

Business, Other

University

Hard

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The transcript discusses Bank Indonesia's unexpected interest rate hike to 7.75% following a fuel price increase by President Joko Widodo. The move aims to control inflation and stabilize the economy. The fuel price hike is expected to boost government revenue but also poses challenges due to subsidies. Investors have reacted positively, with the JCI rising and foreign investments increasing. However, balancing pro-investor policies with protectionist measures remains a challenge for the government.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures did Bank Indonesia take to address inflation and currency stability?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did President Joko Widodo's fuel price hike impact government revenue?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction of investors to Jokowi's economic strategy as indicated by the JCI performance?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the challenges faced by President Jokowi in balancing economic growth and inequality?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the public sentiment towards Indonesia's economic outlook reflect in the Bloomberg poll?

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