Fiscal Instruments Can Sustain Economic Slowdown, Says Indonesian Finance Minister
During the pandemic, the House of Representatives and the government have made the State Budget flexible and responsive.
KOMPAS.com \- The state budget (APBN) as a fiscal instrument can help to sustain an economic slowdown in 2023, according to Indonesia’s Finance Minister Sri Mulyani Indrawati. Sri Mulyani said the government and the House of Representatives had prepared the 2023 state budget to avoid the highly uncertain market risk due to geopolitical conflicts and inflationary pressures. “During the pandemic, the House and the government have made the State Budget flexible and responsive,” Sri Mulyani told State News Antara on the sidelines of the IMF-WB Meeting in Washington, DC on Tuesday, Oct. 11. The min...