"A new chapter in the history of Bank
Indonesia as an independent central bank was initiated when a
new Central Bank Act, the UU No. 23/1999 on Bank Indonesia, was
enacted on May 17, 1999 and have which has been amended with UU
No.3/2004 on January 15, 2004. The Act confers it the status and
position as an independent state institution and freedom from
interference by the Government or any other external parties."
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