Indonesia’s Budget Stretched to Control a Pandemic and to Revive a Struggling Economy

A massive second wave of delta-variant infections has disrupted Indonesia’s economic growth trajectory. This complicates the government’s budget implementation and planning for 2022. While funds are sorely needed for social spending and economic programmes, fiscal prudence is critical to avoid any downgrading of Indonesia’s risk and debt ratings.

Why US Rivalry with China Will Endure: Implications for Southeast Asia

Despite the Biden government’s efforts to improve relations with Southeast Asia, considerable domestic constraints hinder Washington from joining multilateral economic groups or de-emphasising human rights concerns to compete more effectively with China in Southeast Asia.