Indonesia | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source
Indonesia | Claims on central government (annual growth as % of broad money)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
-5.90352346 1981
-4.91548503 1982
-2.64626318 1983
-21.56874666 1984
-3.283393 1985
2.34389137 1986
6.5390949 1987
-0.53208047 1988
-3.96333616 1989
-5.61828581 1990
-1.7200232 1991
7.27845483 1992
-6.56438548 1993
-1.27444243 1994
-2.36534675 1995
-1.29738395 1996
-4.09862061 1997
6.75411944 1998
74.06793703 1999
17.22610258 2000
3.01338084 2001
-0.3286845 2002
-4.28601781 2003
-0.59336471 2004
0.56931345 2005
0.78669514 2006
0.49989678 2007
-7.04278834 2008
2.52160153 2009
-3.71349636 2010
1.12768731 2011
2.36838089 2012
0.6690552 2013
0.72186308 2014
1.22223408 2015
1.35411444 2016
0.05478871 2017
-0.19230426 2018
1.55565773 2019
15.68061113 2020
9.14726907 2021
0.77654261 2022
Indonesia | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source