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

Manggi Habir|Siwage Dharma Negara

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.