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Indonesia – A Recipe for Stronger Financial Risk Management

Indonesia gradually adopted an asset and liability management (ALM) approach, looking at both sides of the sovereign balance sheet. Today, the Indonesian government has a broader picture of financial risk exposure by incorporating central bank and state-owned enterprise data in addition to public debt into their financial risk management decisions. The Government Debt and Risk Management (GDRM) program played a significant role in Indonesia's adoption of the ALM approach.

Documents

“How Do Countries Use an Asset and Liability Management Approach? A Survey on Sovereign Balance Sheet Management” by M. Coskun Cangoz Sebastien Boitreaud Christopher Dychala