As for maintaining consumption levels, the government has allocated around Rp 104.8 trillion from the state budget to pay compensation for fuel oil and electricity subsidies in the first semester of 2022.

The debt problem has always been a public concern and has made the government a target since the New Order era and on up to the present.

Efforts to find new sources of economic growth must continue to raise optimism in addition to boosting Indonesia’s economic resilience amid global pressure and uncertainties.

Business people are finding it difficult to spur exports amid sluggish international trade and the global economic slowdown . The short-term realistic step that Indonesia needs to take is to maintain the domestic market and improve or at least keep the deficit from deepening.