TheJakartaPost
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It is estimated that Indonesia's interest payments on debt will reach a whopping 20 percent this year, and considering that the country borrowed heavily during the pandemic and its deficit only returned to below the 3 percent legal cap last year, higher is not necessarily better when it comes to prudent fiscal management.
The absence of specific policies to protect the middle-income group has caused the current rise in food prices to erode the purchasing power of that group, resulting in a decrease in their spending allocation for secondary and tertiary consumption.
A World Bank report pointed out several preexisting gender inequalities in Indonesia, such as women being more prone to poverty and lower literacy, as well as having less access to basic human rights and limited representation in political processes compared to men.
A comment by the World Bank referring to as yet unknown details of Prabowo's key campaign promise has ruffled many official feathers at this sensitive time in the country's democratic process, especially after an election season riddled with allegations of meddling.
Stronger policies the promotion inclusion and gender equality are needed to resolve the dual responsibility expected of many Indonesian women, as both breadwinners and homemakers, so they can realize their potential as active contributors to developing the economy.
