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Shifting the Budget Leftovers

Monday, April 27, 2026

The government is aggressively tapping budget surpluses to intervene in the economy. The fiscal cushion is thinning.

arsip tempo : 178041820532.

The office of the Financial Services Authority (OJK) at Lapangan Banteng, Jakarta, April 22, 2026. Tempo/Martin Yogi Pardamean. tempo : 178041820532.

NEWS that the Financial Services Authority (OJK) plans to push banks to channel credit into the government’s priority programs has reached international credit rating agency Fitch Ratings. According to George Xu, Fitch’s Director of Asia-Pacific Sovereign Ratings, the provision outlined in the appendix of the OJK’s draft regulation on commercial banks’ business plans aligns with broader policies aimed at boosting economic

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