No Expectations from Mini Stimulus
Monday, June 9, 2025
Budget cuts deepen the slowdown. Mini stimulus arrives too late, too small.
arsip tempo : 177361723332.
WHEN the economy is sluggish, the government is expected to intervene decisively. This fundamental principle, derived from Keynesian economics, has long underpinned Indonesia’s economic management. The concept, known as counter-cyclical fiscal policy, directs the government to act against the prevailing economic cycle—boosting spending when private-sector demand falters to revitalize economic activities.
Yet Indonesia, under Pre
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