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東京大学公共政策大学院 | GraSPP / Graduate School of Public Policy | The university of Tokyo

Macroeconomic policy challenges amid global uncertainty: a central banker’s perspective May 27, 2024

GraSPP Research Seminar

GraSPP Research Seminar—Economic Policy, Finance & Development Series―hosted jointly with the Asian Development Bank Institute (ADBI) and Bank Indonesia Representative Office in Tokyo

Macroeconomic policy challenges amid global uncertainty: a central banker’s perspective


The global economy faces heightened risks and uncertainties due to tightening monetary policy in advanced countries and deepening geopolitical tensions. Facing such challenges, Bank Indonesia continues to optimize monetary policy responses to control price levels and maintain the Rupiah stability. Indonesia’s economy remains resilient despite the global uncertainty. Economic growth in the first two quarters of 2024 is expected to exceed growth in the fourth quarter of 2023, supported by solid domestic demand during the Ramadan and festive period. On the regional front, Bank Indonesia has been working on its Local Currency Transaction (LCT) initiative to promote the use of local currencies in bilateral trade transactions with several countries over the past few years. The LCT aims to strengthen cross-border trade, enhance regional financial market stability, and deepen the local currency market in the Asian region. This initiative aligns with the financial integration efforts in the region to facilitate the broader use of local currencies.

Date & Time

Monday, May 27, 2024

10:25 am -11:25 am (JST, registration starts at 10:10)


Lecture Hall B, 4th floor, International Academic Research Building, Hongo Campus, The University of Tokyo (MAP)


Graduate School of Public Policy (GraSPP), The University of Tokyo


Asian Development Bank Institute (ADBI)

Bank Indonesia Representative Office in Tokyo




Requested by Friday, May 24

Please register here 

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Welcome remarks by Dean Daiji Kawaguchi

Lecture by Destry Damayanti, Senior Deputy Governor, Bank Indonesia

Dialogue with the audience

Moderated by Prof. Toshiro Nishizawa


Destry Damayanti, Senior Deputy Governor, Bank Indonesia

Destry Damayanti is the senior deputy governor of Bank Indonesia, serving from 2019 to 2024, and a member of Indonesia Deposit Insurance Company’s Board of Commissioners ex-officio from Bank Indonesia. Before her current roles, she went through several notable positions both in private and public institutions, including a senior economic adviser for the British Embassy from 2000 to 2003, a researcher and lecturer at the University of Indonesia from 2005 to 2006, and the Chief Economist for Mandiri Securities from 2005 to 2011. She served as the Chief Economist of Bank Mandiri from 2011 to 2015, as the head of the Economic Task Force under the Ministry of State-Owned Enterprises from 2014 to 2015, and as a member of the Iodonesia Deposit Insurance Corporation’s Board of Commissioners from 2015 to 2019. In 2015, Destry was appointed Chairperson of the Corruption Eradication Commission Selection Committee with a term from 2015 to 2019. Destry Damayanti earned a Bachelor of Economics from the University of Indonesia before receiving a Master of Science in Regional Science from Cornell University in the United States.

Contact for inquiry

GraSPP Research Seminar Secretariat

Email: graspp_eventinfo<at> (please replace <at> with @)