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More government spending will generate a virtuous circle within the economy.
We hope Sri Mulyani will have the courage to stand up against such a large and wasteful subsidy spending that threatens fiscal sustainability.
The government needs to have a good mechanism to manage the gap between those cash receipts and their disbursement timing.
Bank Indonesia (BI) has projected the economy may see slower growth in the first quarter than its previous prediction of 5.05 percent year-on-year (yoy) on account of weak push in government spending.
The government has stepped up its supervisory measures to help boost infrastructure spending at the regional level in a push to accelerate economic growth.