In Europe, the relevant fiscal rules are those of the Maastricht Treaty and the Stability and Growth Pact. They require the avoidance of excessive deficits, for which a reference value of 3% of GDP for the overall public finance applies. Beyond that, it has been agreed in the Stability and Growth Pact to maintain fiscal positions close-to-balance or in surplus in the medium term.
The signing of the Work Guidelines today should be able to become a good communication adhesive, an intensive coordination, and also a synergic collaboration between Bank Indonesia and POLRI, specifically Korbrimob, both at central level and regional levels. We also are convinced that securing Bank Indonesia and escorting state-owned valuables can be run more smoothly and effectively. 17.