(FEB NEWS) The Faculty of Economics and Business Universitas Airlangga (FEB UNAIR) has once again demonstrated its commitment to developing the knowledge and insight of its students through a Public Lecture entitled "Maintaining Financial Stability: Encouraging Increased Intermediation in the Midst of Global Uncertainty." This event was held in collaboration with Bank Indonesia, presenting Dr. Solikin M. Juhro, Assistant Governor of Bank Indonesia's Macroprudential Policy Department, as main speaker, (30/5/2024).
The event, which was held in the Fadjar Notonagoro Hall, 2nd Floor of FEB UNAIR, was attended by approximately 250 students, lecturers, alumni from FEB UNAIR, as well as from other universities throughout East Java, as well as practitioners, opened with welcoming remarks from the Dean of FEB UNAIR – Prof. Dr. Dian Agustia, SE., MSi., Ak., CMA., CA. also an opening speech from the Deputy Chief Representative of Bank Indonesia for East Java Province - M. Noor Nugroho.
Dr. Solikin M. Juhro started the public lecture by explaining the mandate and policy mix of Bank Indonesia in accordance with Law No.4/2023 concerning Development and Strengthening of the Financial Sector (P2SK). He explained that Bank Indonesia's main goal is to achieve stability in the value of the Rupiah, maintain payment system stability, and help maintain financial system stability in order to support sustainable economic growth. This strategy is achieved through the dynamic and integrated implementation of monetary policy, payment system policy and macroprudential policy.
In his presentation, Dr. Solikin highlighted the global challenges faced, such as geopolitical risks, climate change, digital economic and financial disruption, as well as slow and uneven global economic growth. He emphasized that macroprudential policy is directed at achieving optimal credit or financing targets and financial system resilience supported by economic-financial inclusion and sustainability.
Furthermore, Dr. Solikin explained the macroprudential policy framework which aims to increase the resilience of the financial system to internal and external shocks and manage systemic risk. This policy also includes strategies to encourage balanced and quality banking intermediation, expand economic and financial access to all levels of society, and support sustainability aspects.
This event received a positive response from FEB UNAIR students and academics. They appreciated the knowledge conveyed and the relevance of the topics discussed to current economic conditions. The interactive discussion that took place showed participants' enthusiasm in understanding more deeply about macroprudential policy and its role in maintaining national financial stability.
This public lecture is one of FEB UNAIR's concrete steps in providing practical and theoretical insights to students regarding crucial macroeconomic policies. This collaboration with BI is a concrete step for FEB UNAIR in providing practical and theoretical insight into crucial macroeconomic policies, as well as a form of support for the SDG's 4 and SDG's 17 programs.
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