OJK Provided Stimulus to Increase Foreign Funds Coming into Indonesia

Dian Ihsan Siregar    •    Selasa, 04 Aug 2015 11:33 WIB
investment
OJK Provided Stimulus to Increase Foreign Funds Coming into Indonesia
Nurhaida (c), Executive Chief of Capital Market Supervisory Board. (Photo: Antara Foto / Nurhaida)

Metrotvnews.com, Jakarta: The Financial Services Authority (OJK) is to provide positive stimulus to the business doers in order to increase foreign funds entering Indonesian capital market. It is conducted by the OJK as the incoming capital inflow is still minimum.

"The stimulus is conducted to increase market confidence, as it will ease the financial sector. With the stimulus, domestic and foreign investors will participate in the financial sector," said OJK's Executive Chief of Capital Market Supervisory Board Nurhaida, when met at the Menara Merdeka Building, Jakarta, Monday (8/3/2015).

He confessed that OJK had provided stimulus for business players. The stimulus provided include 35 policies, as 15 were directed to the capital market, 12 to banking sector, four to non-bank financial industry, as the rest was intended to consumer education and protection.

"Already released last week. Only five was applied. 20 already out," he affirmed.

Nurhaida explained the policy was applied to develop the financial sector. However, despite some of the policies to be run next year, the policies for capital market have become the priority.

"The target is June 2016. The capital market is to be paid attention more due to several items to be adjusted with the priority," Nurhaida concluded.


(WIL)