Board of Governor's Meeting - Bank Sentral Republik Indonesia
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October 01, 2020

As a form of Bank Indonesia policy transparency to the public, specifically in terms of monetary policymaking, Bank Indonesia announces the schedule of its monthly Board of Governors’ meetings (RDG) for the upcoming year. Departing from previous years, the monthly RDG meetings in 2017 will be held over two days. The change was made in order to enhance the quality of assessing the latest macroeconomic conditions, microeconomics, and forecasts as well as to strengthen formulation of the Bank Indonesia policy mix.

The first day of the RDG meeting shall be used to enrich and deepen assessments of the monetary sector, including regional economic materials (economic development in diverse regions throughout the Indonesian archipelago), financial system stability, the payment system and rupiah management as well as to integrate the variety of policy mix options to be instituted by Bank Indonesia. Subsequently, the Bank Indonesia policy mix will be determined on the second day.

The monthly RDG meeting of Bank Indonesia is implemented pursuant to Article 43 of the Bank Indonesia Act (No. 23) of 1999, which has been amended on several occasions, most recently by Act No. 6 of 2009, and stipulates that the RDG meeting shall be held no less than once per month in order to determine general monetary policy. The RDG represents the highest decision-making platform to evaluate existing monetary policy and set the future policy direction.


Board of Governor's Meeting Day/Date
January Wednesday - Thursday, 17 - 18 January
February Wednesday - Thursday, 14 - 15 February
March Wednesday - Thursday, 21 - 22 March
April Wednesday - Thursday, 18 - 19 April
May Wednesday - Thursday, 16 - 17 May
​Wednesday, 30 May (additional)
June Thursday - Friday, 28 - 29 June
July Wednesday - Thursday, 18 - 19 July
August Tuesday - Wednesday, 14 - 15 August
September Wednesday - Thursday, 26 - 27 September
October Monday - Tuesday, 22 - 23 October
November Wednesday - Thursday, 14 - 15 November
December Wednesday - Thursday, 19 - 20 December
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