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Investor Presentaiton

Indonesia Fiscal Policy Responses During Covid-19 Pandemic COVID-19 handling, recovery acceleration and reforms pave way towards economic transformation EXTRAORDINARY POLICY Extraordinary policy to respond the impact of the COVID-19 pandemic IMMEDIATE RESPONSE: Perpu No.1/2020 → UU No.2/2020 Increasing the budget deficit to address COVID-19 and economic recovery program's (PEN) . • • REOPENING POLICY Commitment to COVID-19 handling and economic recovery FISCAL STIMULUS TO SUPPORT REOPENING Accelerating Covid-19 containment, Providing jump start for the economy, Commencing national economic recovery program RECOVERY & REFORM POLICY Commitment to continuing reforms ACELERATING RECOVERY & COMMITING REFORMS Improving and strengthening human & physical capital Institutional & regulatory Reform • Transforming the economy • FISCAL CONSOLIDATION Smooth fiscal consolidation FISCAL DISCIPLINE TOWARDS LONG TERM SUSTAINABLE BUDGET Deficit 3% of GDP in 2023; Manageable debt risk • • 2020 2021-2022 2023 63 63
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