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View all search resultsCelebrating Indonesia’s 80th Independence Day, Nestlé Indonesia partnered with Millennials Empowerment and the community of Buntu village, Central Java, to launch the #BersamaNestlé: Tanamkan Kebaikan, Ciptakan Manfaat (#TogetherWithNestlé: through goodwill, for impact) program in Dieng, Central Java.
While the burden sharing scheme was an apt instrument during the COVID-19 pandemic, it now risks becoming a fiscal dominance policy, blurring the line between fiscal and monetary policy, accelerating depreciation, eroding market trust and undermining the central bank's independence.
At the age of 80, Indonesia has reached a crossroads where it must decide which path to take: the one it has trod in the past that benefits only a handful of elite, or a wholly new course to restore its moral compass and pursue prosperity for all.
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