BI's Functions and Duties After the Transfer of Bank Supervision

by Abednego S. Karo Sekali

BI's Functions and Duties After the Transfer of Bank Supervision

Functions and Duties of BI Post-Bank Supervision Transfer

Head of BI Representative Office for Region IX North Sumatra-Aceh Difi Ahmad Johansyah ST MBA gave a public lecture to students of the Faculty of Economics (FE) Universitas Prima Indonesia (UNPRI) on the functions and duties of Bank Indonesia (BI) after the Transfer of Bank Supervision.

The public lecture was attended by the Head of Unpri Advisors, Dr. I Nyoman Ehrich Lister M Kcs AIFM. Head of BPH Unpri Dr. Tommy Leonard SH MKn Advisor to Unpri Dr. Sofian Wijaya. MHA, Rector of Unpri Prof. dr. Djakobus Tarigan AAI. DAAK. Vice Rector 1 Seno Aji SPd MEng Prac. Dean of FE Unpri Cut Fitri Roshna SE MM. Vice Dean of FE Unpri Hendry SE MM. Head of Management Study Program Widya Sari SE MSi. Secretary Juli Mehza SE MSi. Head of Accounting Study Program Ivana Nina Esterlin Barus SE Ak.

Difi Ahmad Johansyah who seemed enthusiastic, was able to bring FE Unpri students, more seriously explore the functions and duties of BI Post-Transfer of Bank Supervision Function. In between his presentation, Difi explained briefly about the history of BI.

BI, said Difi, as a central bank was formed based on the mandate of article 23 of the 1945 Constitution. And, the state has a bank whose structure, position, authority, responsibility and independence are regulated by law. "BI's task, in accordance with article 8 of Law No. 23 of 1999 concerning BI, is a unity to achieve the goals of
BI," said Difi briefly.

Difi continued, in addition to circulating money, BI must also maintain the authenticity of money by eradicating counterfeit money. The ratio of counterfeit money findings continues to decline from 20 notes/1 million notes (2010) to 7 notes/1 million notes.

In this case, Difi said, BI continues to improve the quality of rupiah money, so that it is not easily counterfeited. "BI also continuously provides education and socialization of the authenticity of money, so that the public becomes more aware of counterfeit money, for example through 3D advertising," he said. Difi also explained about monetary policy as the 'backbone' in achieving the goal of maintaining the stability of the rupiah. What is meant by the stability of the rupiah, among others, is the stability of the prices of goods and services reflected in inflation.

According to him, inflation is very important, because it affects people's lives. "Inflation will reduce people's purchasing power and increase poverty. Therefore, reducing inflation is the same as reducing poverty, "he said.

Meanwhile, Dean of FE Unpri Cut Fitri Rostina SE MM said, this public lecture is intended for all FE Unpri students, with the aim of providing knowledge about BI, which is related to the transfer of Bank supervision functions. The public lecture ended with a question and answer session. Then continued with the presentation of souvenirs by the Head of BPH Unpri Dr. Tommy Leonard SH MKn to Difi Ahmad Johansyah ST MBA.