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Jakarta Post

Recovery, reform key to 2021 state budget

  • Adrian Wail Akhlas

    Jakarta

Jakarta   /   Sat, August 15 2020   /  01:00 am
PRESIDEN HADIRI SIDANG TAHUNAN MPR Presiden Joko Widodo mengenakan busana Sabu asal NTT dan Wakil Presiden Ma'ruf Amin (kedua kanan) didampingi Ketua MPR Bambang Soesatyo (kedua kiri) dan Ketua DPR Puan Maharani (kiri) melambaikan tangan saat tiba di lokasi sidang tahunan MPR dan Sidang Bersama DPR-DPD di Kompleks Parlemen, Senayan, Jakarta, Jumat (14/8/2020). (Antara/Galih Pradipta)

Economic recovery and structural reform are at the core of the government’s 2021 state budget policy as the COVID-19 pandemic has paralyzed the economy and caused a health and social crisis in Indonesia.   The government is directing the fiscal policy for next year toward accelerating economic activity and reforming the bureaucracy to boost productivity, innovation and competitiveness, push for digital transformation and take advantage of demographic dynamics.   “Structural reform must also be carried out in education, health, social protection and budgeting and the taxation system,” President Joko “Jokowi” Widodo said in his annual state budget speech before the People’s Consultative Assembly in Jakarta on Friday.   The coronavirus outbreak led to a contraction in the country’s economy of 5.32 percent in the seco...