- Antara/Yudhi Mahatma
VIVAnews - Bank Indonesia reported that credit growth by the end of the year has been in line with the set target of between 23 and 24 percent. Governor of the Indonesian central bank Darmin Nasution said that certain sectors which in the past had less contribution in credit absorption in fact now hit 20 percent of growth.
"Industries as well as micro, small and mid-sized enterprises were not too good in absorbing credit. Now, those sectors have improved in terms of credit [absorpment]," said Darmin on Tuesday, July 5.
The governor went on to say that year to date growth rate is considered low. Yet, he emphasized better year-on-year increase of which targeted objective is achieved.
On the other hand, steady capital inflow leads to both solid liquidity and appreciation of the Indonesian currency of rupiah.