Indonesia Discussing Burden Sharing With Central Bank

The video discusses Indonesia's fiscal and policy response to COVID-19, focusing on budget stimulus, health spending, and social safety nets for 2020 and 2021. It highlights support for small and medium enterprises and the use of emergency laws to finance government deficits. The video emphasizes the importance of maintaining fiscal and monetary balance while managing the economic impact of the pandemic.

What is the primary focus of Indonesia's fiscal response to COVID-19 in 2020?

• Increasing taxes

• Focusing on large enterprises

• Reducing government spending

• Providing budget stimulus and social safety nets

What is being discussed with the Parliament for the 2021 budget?

• Eliminating support for small businesses

• Continuing health spending and social safety nets

• Reducing health spending

• Increasing military expenditure

How is Indonesia planning to support small and medium enterprises during the pandemic?

• By providing tax breaks

• Through restructuring support with the banking system

• By offering free marketing services

• By reducing import duties

What role does Bank Indonesia play in the financial strategies discussed?

• It provides direct loans to businesses

• It sets interest rates for small businesses

• It shares financial burdens through market mechanisms

• It manages foreign exchange reserves

Why is maintaining fiscal and monetary credibility important for Indonesia?

• To attract more tourists

• To increase exports

• To ensure long-term economic stability

• To reduce inflation