INDEPENDENSI BANK INDONESIA SEBAGAI LEMBAGA NEGARA DALAM SISTEM KETATANEGARAAN INDONESIA

Abstract

Bank Indonesia as an independent state institution has the duty and responsibility to create a sound banking system in Indonesia. The implementation of its duties and responsibilities must be carried out without any interference from any party, especially the Government. This is expressly stated in Article 4 paragraph (2) of Law Number 4 of 2004 concerning Bank Indonesia. Problem Formulation: 1). What is the independence of Bank Indonesia as a state institution in the Indonesian constitutional system?, 2). What is the institutional relationship between Bank Indonesia and other state institutions related to the role and function of Bank Indonesia in the Constitutional System in Indonesia?. The research method used in this study is a normative legal research method with the data collection technique used is a document study and analyzed in a qualitative juridical manner. The results of the study: 1). Bank Indonesia's independence is not absolute because Bank Indonesia in maintaining public accountability is required to be held accountable for all its policies openly to the public and the House of Representatives. 2). Bank Indonesia shall cooperate and have good working relations and coordination with other state institutions in order to carry out their duties and authorities. It is necessary to have provisions governing the organization of Bank Indonesia and its institutional relations with the government as well as establishing the functions and scope of authority of Bank Indonesia, thereby the provisions will become a functional and operational protector for the central bank.