The second policy response for the national economic recovery relates to synergy between the Government’s fiscal policy and the monetary and macroprudential stimuli from Bank Indonesia to boost demand, particularly in the near term. A relatively large fiscal stimulus will support the national economic recovery process.
To revive the economy and hit development targets, the 2022 State Budget includes planned state revenues of Rp1,846.1 trillion and state expenditures of Rp2,714.2 trillion, resulting in a deficit of Rp868 trillion or 4.85% of GDP.