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National Economic Recovery

The pandemic has the potential to cause economic inequality with a growth pattern similar to the letter "K". With this condition, a structural reform is needed to create more inclusive economic growth.

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Beware of Pandemic-Induced Economic Inequality

The pandemic has the potential to cause economic inequality with a growth pattern similar to the letter "K". With this condition, a structural reform is needed to create more inclusive economic growth.

Progressive Fiscal Policy

Fiscal stimulus must be focused, targeted and temporary. However, in a difficult situation full of uncertainties, the stimulus funds cannot be immediately stopped.

Maintaining Growth Momentum With Discipline

Based on the expenditure components in the GDP, household spending grew 5.93 percent, while exports rose 31.78 percent, imports 31.22 percent, investment 7.54 percent and government spending 8.06 percent.

2021 Growth Scenario

The success of public mobility restrictions coupled with the acceleration of the vaccination program will determine how fast Indonesia can get out of the COVID-19 crisis.

Recovery Program Should Target the People

This year, Rp 699.43 trillion of the state expenditure totaling Rp 2.75 quadrillion was allocated for the PEN program, which is to be used for financing health, especially the national vaccination rollout.

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Curbing the Surge in Layoffs

The fiscal burden, especially the budget for social protection, has swelled to a figure with no precedent.

Stimulus to Lift the Economy

The COVID-19 pandemic has not shown any signs of abating, raising concerns over the prospect of national economic recovery in 2021.

Banking Challenges in 2021

The COVID-19 pandemic, which as has burdened Indonesia since March, has caused banking to collapse. As a result, credit growth is slow. What will the banking challenges be in 2021?

Analyzing Recession

Even without the revision down, Indonesia has technically entered a recession because it has suffered economic contraction for two consecutive quarters.

Cash Injection Alone is not Enough

Economic recovery efforts through cooperatives and MSMEs requires more than just cash injection. Demand problems must also be addressed soon.

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