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View all search resultsWith inflation pressure appearing to relent somewhat across the world, some economists are more optimistic about 2023 being a year of global recovery, with Indonesia’s strong fiscal position giving the country an edge.
Government spending in agriculture for instance has been sufficient but not effective. Most of the spending in 2022 went on subsidies for fertilizer and other inputs, less on research and development, irrigation and extension.
Indonesia Stock Exchange (IDX) said the country’s capital market would make it through the uncertainties that loom in 2023, as the market would bank on the country’s ever-growing domestic investors, who have been relatively unaffected by current global turmoil.