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View all search resultsThe most pressing issue with the financial inclusion program in Indonesia lies in the following areas: first, the readiness of beneficiaries in managing bank accounts; and second, policy mistranslation from national and local to rural levels.
The government is being flexible in allocating the state budget for social aid programs, aimed at the low- and middle-income families affected by the latest COVID-19 restrictions in Indonesia, Finance Minister Sri Mulyani Indrawati has said.
The government’s fiscal stimulus programs may need to continue into 2023 if the Indonesian economy and domestic consumption remain weak next year, economists have warned, as concerns mount over the government’s ability provide a sufficient number of COVID-19 vaccine doses for citizens.