TheJakartaPost
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The government and the central bank both need to take action now to set buffers in place against the potential fallout from the Trumponomics agenda, including capital outflows, rupiah depreciation and adverse pressures on manufacturing.
According to the World Bank’s "Poverty & Equity Brief East Asia & Pacific" released in October 2023, under the global standard, 60.5 percent of Indonesia's population, around 166.6 million people, were living below the poverty line in 2022.
Data on consumer behavior among younger demographics relative to older generations can inform both businesses and policymakers in anticipating measures to address potential challenges, especially adverse economic impacts related to youth unemployment.
