2022 State Budget and Fiscal Incentives Presentation
Comprehensive Structural Reforms Are Needed To Capitalize Demographic Dividend
Fiscal reform will facilitate further structural reforms
Human Capital
Real Sector
Reform through
Improve the quality of
education, health, and
effectiveness of social
protection to improve
the quality of human
resources.
FISCAL REFORM
Tax reform, improvement
of spending quality
(spending better) &
innovative financing
Continue the
acceleration of
infrastructure
development through
digital infrastructure
and logistics efficiency,
as well as connectivity.
Infrastructure
development
(Physical capital)
Omnibus Law on
Job Creation
Deregulation
Simplification of
Bureucracy
Transformation
of Economy
Financial Sector
Reform
■ Job Creation
■ Ease of Starting Business
Support the Eradication
■
of Corruption
•
• Investment ecosystem
improvement
Land procurement
•
Economic zones
•
Central government
• Business licensing
•
Employments
MSME Supports
Ease of Doing Business
• Research & innovation
investment & national
strategic projects
acceleration
• Government
•
administration
Imposition of Sanctions
Deep financial markets - Depth •
Broadly accessible financial sector - Access⚫
Efficient, strong and stable financial system - Efficiency
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