National Economic Recovery Program Update
2023 BUDGET IS AIMED TO BOOST PRODUCTIVITY FOR INCLUSIVE AND
SUSTAINABLE ECONOMIC TRANSFORMATION
Fiscal Policy Focus In 2023
QUALITY OF
HUMAN CAPITAL
INFRASTRUCTURE
BUREAUCRACY
REFORM
INDUSTRY
REVITALIZATION
GREEN
ECONOMY
Strengthening Budget Role For Quality Fiscal Consolidation
Allocatio
Distributio
n
Stabilizati
on
Strengthening the Role of the
Government Budget
in accordance with its Basic
Functions
REVENUE
MOBILIZATION
Maintaining the effectiveness of the
implementation of tax reform law
Strengthening tax base and increasing
taxpayer compliance
Anticipating economic downturn and
commodity prices moderation in 2023
Source: Ministry of Finance
SPENDING
BETTER
Efficient, effective, priority,
transparent, and accountable
Focus on human capital,
physical capital, and
institutional reform
Anticipating uncertainty
INOVATIF &
SUSTAINABLE
FINANCING
Well-managed debt risk
Increasing the involvement of
private sector, SOEs, public service
agency, innovative financing agency
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