Senior Deputy Governor of Bank Indonesia (BI) Mirza Adityaswara, said the central bank is still monitoring the development of the tax amnesty program cause the realization will affect the balance on the capital and financial account. Based on directorate general of tax data, the commitment of repatriation recorded Rp 141 trillion and possible to boost the Indonesia’s balance of payments (BoP) have a large surplus. Mirza also estimates that the current account deficit (CAD) will improve in line with the improvement in export and import activities, especially the improvement in export commodity prices. Director of the Department of Economic and Monetary Policy Juda Agung has said the BoP record a surplus of US$15 billion, after recording a deficit of $1.1 billion last year. Juda also estimates this year the CAD will be around 2% of gross domestic product (GDP), is slightly better than 2015 stood at $17.8 billion, or 2.06% of GDP.
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