Disruption in rice production due to the El Nino phenomenon resulted in an increase in inflation in October 2023, albeit not significantly, with the overall inflation recorded at 2.56% (y.o.y), within the BI’s target range. The trade balance in October showed an increased surplus of USD 3.48 billion, supported by a moderate decline in both...Read More
Authors : Jahen F. Rezki, Roes Regi Lutfi, Yoshua Caesar Justinus. Executive Summary Government policies demand an integrated approach that incorporates policy modeling, especially given the uncertainties in real-world conditions. The lack of a comprehensive approach may result in government failures or imbalances in economic sectors. In Indonesia, the state of policy is structured into...Read More
Political climate and global monetary condition will be two of the key themes that will affect Indonesian economy 2024. The upcoming general election may have mixed effects on growth and other macroeconomic indicators in 2024. On one hand, Indonesia will carry out its first ever simultaneous elections (Pemilu Serentak) from national to city level; consequently...Read More
Year-on-year (YoY) inflation in October 2023 was reported at 2.56% or an increase of 0.29% compared to annual inflation in September 2023. This shows that there has been a rebound after last month’s decline. YoY inflation in October 2023 occurred in all sectors, the sectors with the highest YoY inflation values this month were the...Read More
Towards the final quarter of 2023, the issue of determining the minimum wage in 2024 has become one of the interesting issues discussed. Minimum wage does not only affect employers, the determination of the minimum wage will more or less impact people’s or workers’ income in the coming year. To capture aspirations from various stakeholders, the...Read More
Mimpi dan Imajinasi Indonesia Emas 2045 akan membangkitkan optimisme dan semangat kolektif seluruh anak bangsa untuk merealisasikan Indonesia menjadi negara kaya di tahun 2045. Mimpi akan terealisasi jika mimpi diturunkan menjadi sebuah strategi, dikerjakan dalam bentuk aksi, dan ada dukungan amunisi untuk membiayai strategi dan aksi. Hal kuat inilah yang menjadi latar belakang lahirnya white...Read More