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Jakarta Post

Indonesia’s 2021 state budget draft: What we know so far

  • Adrian Wail Akhlas

    The Jakarta Post

Jakarta   /   Mon, August 17, 2020   /  05:27 pm
The Jakarta Post Image
President Joko "Jokowi" Widodo delivers his annual state budget speech before the People's Consultative Assembly in Jakarta on Friday. (Antara/Akbar Nugroho Gumay)

President Joko “Jokowi” Widodo has revealed Indonesia’s 2021 state budget proposal after delivering his state of the nation address before the People’s Consultative Assembly on Friday. The government aims to use the state budget to accelerate the economic recovery after the pandemic and to push for structural reform in a bid to boost productivity, innovation and economic competitiveness. “We must turn this crisis into an opportunity to make big leaps,” Jokowi said. “Twenty-five years from now, at the centenary of the Republic of Indonesia, we must achieve great progress and make Indonesia a developed country,” stressed the President, who said the current health crisis was similar to a computer crash that required restarting and rebooting. Read also: Jokowi pledges to cut red tape, develop industrial parks across Indonesia The...