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View all search resultsfiscal-policy
Economy 2 years ago
PREMIUM
Revisiting Indonesia's post-COVID fiscal policy
Back in 2020, the COVID-19 pandemic had significant socio-economic impacts on major countries, including Indonesia. The pandemic restrained economic activities, increasing the poverty level and burdening the purchasing power of the mid-to-low income class in Indonesia.
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.
Economy 3 years ago
China fiscal deficit balloons to nearly $1 trillion as economy cools
China's fiscal deficit ballooned to an all-time high in the first nine months of the year, analysis of government data by Bloomberg showed, as a real estate crisis and tax rebates to boost a cooling economy emptied government coffers.
Business 4 years ago
IMF to keep 2021 global growth forecast at 6%: Georgieva
"Some countries are now projected to grow faster, some countries are now projected to grow slower. What is the difference? It is primarily the speed and effectiveness of vaccinations and availability of fiscal space to act," said IMF chief Kristalina Georgieva.
