Taking place in the Bank Indonesia (BI) West Java Province (Jabar) Hall on Jalan Braga, Bandung City, the new Head of West Java BI, Muhammad Nur, was officially inaugurated.


The inauguration event was attended by a number of officials, including Acting Governor of West Java Bey Machmudin, Head of West Java OJK Imansyah, West Java Forkopimda, and bank leaders in West Java as well as stakeholders.


During his speech, Bey said that the West Java Provincial Government would increase synergy with the West Java Bank Indonesia (BI) Representative Office under its new leadership.


"Hopefully in the future we will have more synergy," said Bey at the inauguration event, Friday (26/4/2024).


Bey said, West Java BI is very necessary, especially in analyzing and encouraging the economic potential in West Java to become something whose benefits can be felt by the community.


"We need support and cooperation from BI West Java, especially regarding the analysis of economic potential in West Java," said Bey.


It is known that the Head of West Java BI is now officially headed by Muhamad Nur, who was previously the Head of the BI Riau Representative, replacing the previous Head of West Java BI Erwin Gunawan Hutapea, who is now the Head of the East Java BI Representative.


At the end of his speech, Bey said that the results of the West Java BI analysis regarding economic potential would be a guide for the West Java Provincial Government in making policies, especially in the creative industry, tourism, agriculture and information technology sectors.


"The results of the analysis will be our guide in making policies and development directions such as in the creative industry, tourism, agriculture and information technology," said Bey.


On that occasion, Bey also said that in the fourth quarter of 2023, the West Java economy grew 5.15 percent, exceeding the previous quarter's 4.58 percent year on year (yoy). Meanwhile, West Java inflation in March 2024 will reach 0.51 percent.


"Controlling food inflation is our shared priority in 2024 and of course the role of West Java BI in maintaining the macro economy in West Java is very decisive," he said.


Bey continued, West Java's economic stability will affect the inflow of investment and sustainable development for the welfare of the community.


"West Java is a driving force for the national economy because it is important to increase synergy in realizing community welfare," he concluded.


(SOURCE)