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deficit

Economy 3 years ago

PREMIUM
Govt banks on unused 2022 funds to minimize borrowing next year

The government is in no hurry to spend unused funds budgeted for this year, planning instead to use them to beef up the state treasury and thus reduce its reliance on debt financing next year, as borrowing gets more costly amid soaring interest rates and heightened uncertainty.

Academia 3 years ago

PREMIUM
Liz Truss resignation a cautionary tale for Indonesia

Indonesia has done relatively well amid the global uncertainties but it is not fully immune, so it would do well to take three key lessons from the UK debacle.

Economy 3 years ago

PREMIUM
Swelling fuel subsidy complicates fiscal consolidation

The government is considering desperate measures to control the flow of the fuel subsidy, over fears that it may cost more than has been allocated, adding pressure to the state budget amid fiscal consolidation.

Editorial 3 years ago

BI's turn now to act

We are lucky that though we depend mainly on fuel imports, the government can afford to cushion the impact of rising international oil prices to protect the purchasing power of the people.

Academia 3 years ago

PREMIUM
Can a BI 'preemptive strike' stop the rupiah depreciation?

The ongoing weakening of the rupiah is an anomalous occurrence, and the central bank might want to consider expanding its market operation as a "preemptive strike" to bolster the currency.

Academia 3 years ago

PREMIUM
Efficient cross-border payment system can be boon to migrant workers, recovery

An efficient cross-border payment system will spur an increased movement of migrant workers, who can then contribute to economic recovery through the money they send home.

Academia 3 years ago

PREMIUM
Policy rate seems to be the last choice

BI is trying to utilize all the instruments it has to achieve currency stabilization.

Editorial 3 years ago

Burning more money

The fiscal policy shows that the government will focus on strengthening the role of the state budget in absorbing the impact of the skyrocketing food and energy prices.