Indonesia’s rate hikes shouldn’t ‘kill’ recovery, says Finance Minister Indrawati


JAKARTA, Sept 12 (Bloomberg): Indonesia’s Finance Minister Sri Mulyani Indrawati warned against excessive monetary policy tightening that could derail economic recovery as the government also does its share to ease supply disruptions and cool inflation.

President Joko Widodo is coordinating with local government leaders and policy makers to identify the source of price pressures in the food supply or energy costs, Indrawati told a Bloomberg Live forum in Singapore moderated by Haslinda Amin.

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