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Today's Headlines Benedict Bingham

  • IMF Director Christine Lagarde Visits Indonesia for Conference, Not for Loan Talks

    IMF Director Christine Lagarde Visits Indonesia to Join Conference, Not for Loan Talks

    Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will arrive in Indonesia (Jakarta) today (01/09) to participate in the two-day conference titled ‘Future of Asia’s Finance: Financing for Development 2015’, organized by the IMF and Indonesia’s central bank (Bank Indonesia). Contrary to recent rumors, Lagarde's visit is not related to Indonesia seeking a new loan from the IMF.

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  • IMF & Moody’s Outlook on the Indonesian and World Economy

    IMF & Moody’s Outlook on the Indonesian and World Economy

    Benedict Bingham, Senior Resident Representative for Indonesia at the International Monetary Fund (IMF), expects that the central bank of Indonesia (Bank Indonesia) will remain committed to the tighter monetary policy in a bid to safeguard the country’s fiscal fundamentals amid external pressures. Apart from sluggish global economic growth, the looming interest rate hike in the USA (later this year) is expected to rock Indonesia as it will trigger capital outflows from emerging markets.

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