Investor Presentaiton
2022 GOVERNMENT BUDGET FOCUSED ON SUPPORTING ECONOMIC RECOVERY AND
FACILITATING STRUCTURAL REFORM
Fiscal consolidation is carry on while anticipating the uncertainty
APBN
5.0
NAGARA DARA RAKA
4.5
5,2
3.7
5,5
(2.20)
• Covid-19 handling and vaccination are the key for
the economic recovery
о
(2.10)
(348.7)
(5,82)
(4,85)
O
(6,14)
о
Risks and uncertainty stemming from the Covid-19 in
2022 need to be anticipated
• The main theme of the 2022 Fiscal Policy is to
sustain the Economic Recovery and Facilitate
Structural Reform
Deficit (IDR T)
Economic growth (%)
(868,0)
Deficit to GDP (%)
(947.7)
(961,5)
2019
2020
2021
2022
outlook
RAPBN
• The 2022 budget focuses on health sector and social
protection while also provides flexibility to
anticipate uncertainties
In 2023 fiscal deficit at <3% of GDP according to the mandate
of Law 2/2020.
In 2022 budget, the deficit is maintained at around 4.85% of
GDP to give a smooth transition for fiscal consolidation.
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