Jakarta, Jan. 22 -- The plan to dissolve the Financial Service Authority (OJK) will only reduce the confidence investors have in Indonesia, Institute for Development of Economics and Finance (Indef) senior economist, Aviliani, said.

"This is dangerous for the confidence of investors since it gives the impression that we have no long-term confidence in the state institution," he said here on Wednesday

If OJK has not worked optimally to supervise financial institutions, both banks and non-bank financial institutions, then its supervision system must be strengthened and improved, she said.

"If a problem arises, we must think of how to improve the system based on inputs from the public. For instance, if most of the problems are found from ...