Insight- Looking towards a post-pandemic Indonesia

Somewhat more controversially, BI will continue to aid in the financing of the government deficit. While it may be lower as a share of GDP, the deficit will again exceed 1 quadrillion rupiah (US$70.94 billion) next year, an unusually large financing burden.

FOR sure, 2020 is a year we would all like to forget. The Covid-19 pandemic has taken more than 1.75 million lives around the world, more than 20,000 Indonesians among them, and the fear it has caused has cast a pall over the world.

We can draw some comfort from images of communities coming together to help each other through this crisis through individual and collective acts of kindness and charity, and hope that that spirit outlives the pandemic.