2021 State Budget Focuses on Acceleration of Economic Recovery
The government’s fiscal policy in 2021 is focused on measures to accelerate economic recovery. The effectiveness of the handling of the Covid-19 pandemic will become a determining factor.
President Joko Widodo wears traditional Sabu clothing from East Nusa Tenggara at the People’s Consultative Assembly (MPR) Annual Session and Joint Session of the House of Representatives (DPR) and Regional Representatives Council (DPD) at the Nusantara building of the legislative complex, Jakarta, Friday (14/8/2020).
The government’s fiscal policy in 2021 is focused on measures to accelerate economic recovery. The effectiveness of the handling of the Covid-19 pandemic will become a determining factor.
JAKARTA, KOMPAS— In addition to accelerating the country’s economic recovery, the 2021 State Budget will also be focused on structural reform to improve productivity, innovation and economic competitiveness, accelerate digital transformation and anticipate demographic changes. The government projects the economy will grow at between 4.5 percent and 5.5 percent next year.