Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsIndonesia’s response to the 2026 oil shock is technically sound but narratively broken, leaving sound fiscal moves overshadowed by visible costs. To bridge this gap, the government must move beyond policy design and master the art of transparent, integrated communication to reclaim its credibility.
Indonesia’s fiscal resilience is facing a high-stakes stress test as rising global oil prices collide with rigid domestic spending. While a crisis is not yet inevitable, the narrowing gap between political commitments and economic reality suggests the window for decisive action is closing.
The government says this year’s fiscal deficit may temporarily exceed the legal limit for the sake of maintaining economic growth should oil prices remain elevated for a prolonged period as the US-Israeli war on Iran rages on.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.