Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Amidst Escalating Uncertainty Risk Of Global Economy,
Budget Will Be Optimized As Shock Absorber
Amid increasing commodity prices and escalating
uncertainty risk of global economy
"The Budget must be Vigilant, Anticipative, Responsive"
The Budget as Shock Absorber
Momentum of Strengthening
Fiscal Resilience
Maintaining priority
expenditures (strengthening
productivity and national
economic foundation)
Preparing fiscal
buffer to anticipate
uncertainty
Controlling inflation
and maintaining
people's purchasing
power
Maintaining momentum of
recovery (alleviating
unemployment & poverty)
Expenditure Optimization: Subsidies, Compensation,
Social Protection, and priority spending
(infrastructure, health, education and support for
structural reforms)
Source: Ministry of Finance
Maintaining Budget Health in the
Middle & Long term
Rp
Strengthening foundation for
fiscal consolidation and
sustainability
FISCAL
CONSOLIDATION
AND REFORM
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