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View all search resultsMisfaruddin of the North Sumatra BPS explained that the increase in the poverty rate in the province has partly been driven by rising market prices of essential commodities commonly purchased and consumed by the public.
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.
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