Abstract

The aim of the research is to determine the development of the Indonesia financial services sector amidst the issue if the economic recession and to map strategies and policies that need to be improved through the implementation of structural reform policies in theIndonesian economy. The high dynamics of the global economy has resulted in adecline in intermediation performance in several national economics sectors. Meanwhile, the stability of the domestic financial services sector remains maintained with solid capital, a maintained risk profile and adequate liquidity. As a preventive measure in facing a recession to minimize the impact on society and encourage national economic performance through the implementation of structural reform policies in the Indonesian economy to maintain monetary stability and financial system stability as elements of continuity in supporting the planning and implementation of sustainable development programs through optimizing management owned natural resources, building reliability in the industrial sector, building resilience in the energy and food sectors, strengthening the economic financing structure,developing inclusive economic activities and strengthening development capital capabilities.

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