Indonesia’s inflation falls to 3.2% in August, marking fourth consecutive monthly decline
This consistent decline is credited to a combination of stabilized food prices, a strengthening rupiah, and effective monetary policies by Bank Indonesia.
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Joko Widodo urges enhanced data backup and security measures for financial institutions
Widodo also emphasized the need for increased protection in the digital economy, particularly given the presence of 64 million micro, small, and medium enterprises (MSMEs) across Indonesia. He pointed out that low financial literacy levels make the public vulnerable to digital fraud and other cybercrimes.