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Reckless and Imprudent when the Risks Increasing

Monday, 14 February 2022

The government is taking on policies that are very far removed from rational economic consideration. As a matter of fact, its decisions have a negative impact on growth. What are those?

This reckless and imprudent spending is very much at odds with the atmosphere surrounding the global market. Central banks are now preparing to face hard times.. tempo : 167518031560

GOVERNMENT should have not wasted the golden opportunity. The Indonesian economy has actually been enjoying a boon of recovery since last year. It managed to grow by 5.2 percent in 2021, much better than the 0.71 percent in 2020. Jumps in commodity prices are the driving force for this growth. That is reflected in the 2021 trade balance surplus reaching US$35.34 billion, the highest in the last 15 years.

The flood of export revenue and the

...

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