Stake attention in this memory
The image shows a wall text panel in the Museum Bank Indonesia, located in West Jakarta, Indonesia, at coordinates -6.138, 106.815. The panel features a quote by Arifin M. Siregar, Governor of Bank Indonesia, dated December 12-16, 1983. The quote states that the Indonesian economy in 1980 was heavily reliant on the non-oil and gas sector. This sector lacked sufficient funding from both domestic and foreign sources, and its growth relied on the private sector. The panel continues with a detailed explanation of the clearing system for money market securities transactions in Indonesia. In January 1985, the Bank Indonesia established a new system managed by the non-bank financial institution, BL. Lembaga Keuangan Bukan Bank (LKBB), to streamline transactions. The new system was fully automated in Jakarta in June 1990, and subsequently rolled out to other regions, including Surabaya, Medan, and Bandung, starting in March 1993. The image captures a section of the text panel with a focus on the latter part of the description of the clearing system. The panel has a white background with black text, and the museum's dim lighting casts shadows on the text. The panel is displayed on a vertical wall with a gray background. The panel is damaged and partially obscured by the surrounding text, suggesting that the Museum Bank Indonesia is currently undergoing renovations or refurbishment.
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