Investor Presentaiton
THE PANDEMIC PUT UNPRECEDENTED PRESSURES ON FISCAL POSITION
2023
High Quality Fiscal
Consolidation
2020
Extraordinary Policy
2021
2022
Pandemic Handling & Recovery
Accelerate Recovery & Reform
Budget Deficit (% GDP)
Budget Deficit (% GDP)
Budget Deficit (% GDP)
Budget Deficit (% GDP)
2nd
1st
Revision Revision
Revision
Budget
(Perpres
no.54)
(Perpres
no.72) Realization
Budget
Realization
Budget
(Perpres Preliminary
no.98)
Budget
realization
0
-1
-2
-1.8
-3
-4
-5
-6
-7
-8
569∞
-5.1
ON 3 4 5 6
-1
-2
-3
-5
-4.6
-6
-6.3
-6.1
-5.7
-7
-8
-1
-2
-3
ON 3 4 5 6 7 ∞
-7
-8
0
-1
-2
-3
-2.4
-4
-4
-5
-5
-4.5
-4.9
-6
2345678
-6
-7
-8
-2.8
Economic Recovery Program (PEN)
allocation
IDR 575.9 Trillion
Economic Recovery Program (PEN)
allocation
IDR 655.1 Trillion
Reforms: Omnibus Law on
Job Creation
(Law No.11/2020)
Source: Ministry of Finance
Tax Reforms
(Law No.7/2021)
Central - Regional
Finance Relation Reforms
(Law No.1/2022)
Omnibus Law on Financial
Sector (Law No.4/2023)
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