2022 State Budget and Fiscal Incentives Presentation slide image

2022 State Budget and Fiscal Incentives Presentation

Policy Direction For 2022 Budget Maintaining the right balance between anticipating pandemic risk, accelerating economic recovery, and supporting structural reform COVID-19 HANDLING: Strengthening health sector as the key to economic recovery 1. Vaccination for community immunity 2. Health Protocol 3. Health Facilities & Health Worker 4. Medicine MAINTAINING THE RESILIENCY AND SURVIVAL ABILITY AS WELL AS ACCELERATING RECOVERY Through social protection program for businesses and MSMEs. 1. Conditional Cash Transfer (PKH), Staple Food Assistance, Pre- employment card, Cash Transfer through Village Fund 2. Interest subsidy & incentives for businesses. ANTICIPATING PANDEMIC RISK, ECONOMIC RECOVERY, AND STRUCTURAL REFORM Optimum implementation of Budget 2022 as FOUNDATION for FISCAL CONSOLIDATION in 2022. all STRUCTURAL REFORM: To improve competitiveness and enhance production capacity. 1. Education for excellent and integrity human resources 2. Reliable health system 3. Adaptive social protection 4. Improving investment climate 5. Infrastructure that support economic transformation 6. Institutional reform. M COMPREHENSIVE FISCAL REFORM: 1. Tax reform 2. Spending better (Zero based budgeting), allowance for risk dan automatic stabilizer 3. Financing Innovation (eg. PPP, SWF, SMV) and debt management. 73
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