First, starting March 16, the requirement for banks to store their dollar funds at BI, called the US$ reserve requirement ratio (RRR), would be lowered to 4 percent from 8 percent at present. Second, the rupiah RRR is also being lowered by 50 basis points (bps), but only for banks...
Public management and the Coronavirus (Covid-19) pandemic: emerging responses and initial recommendations
This note examines how governments across the OECD are managing publicservants in response to the Coronavirus (Covid-19) pandemic. It summarisesthe principles underpinning the most common measures taken across theOECD and identifies initial opportunities for managing and harnessingchange. The content of this note was developed through a Special Sessionof the Working...