REPUBLIKA.CO.ID, JAKARTA - Government sees Bank Indonesia (BI) and Fiscal Authority in Ministry of Finance has been anticipating recent policy of US Central Bank (the Federal Reserve). 

"I think we are ready after having some thourough calculation," Acting Deputy for Coordination of Macroeconomic and Finance, Bobby Hamzar said on Tuesday.

BI will facilitate repo transaction cooperating with state owned and private banks. Ministry of finance will facilitate through Bond Stabilization Framework (BSF) in short and medium term framework to anticipate the impact of crisis on government securities.

Earlier, the chief of Fed, Janet Yellen, plans to raise its interest rates six months after the end of monetary stimulus in 2014 or earlier than anticipated. The Fed also announced to cut 10 billion USD of monetary stimulus per month and to increase its interest rate one percent by the end of 2015 and 2.5 percent by the end of 2016. The Fed's policy can pose some risks when US investors might pull  their investment in other countries including from Indonesia. 

"We need to encourage domestic investors to fill the gap through BI's financial deepening and repatriation incentive plan of Finance Ministry," Hamzar added.

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