Probability of Recession in Indonesia Is Small: Basri

The video discusses the potential impact of the Fed's interest rate hike on Indonesia, emphasizing the need for Bank Indonesia to respond to maintain economic stability. It explores Indonesia's economic outlook, highlighting its resilience compared to other countries, and the potential effects of a global recession. The influence of China's economic slowdown on Indonesia's trade and government revenue is examined. The video also evaluates the effectiveness of Operation Twist and the importance of fiscal policy in maintaining economic stability. Finally, it addresses the implications of a strong dollar on currency competitiveness.

What strategies should the Indonesian government implement to improve fiscal policy amidst economic challenges?

How can social assistance programs help stimulate demand in the economy during a downturn?

What are the implications of a rising dollar for Indonesia's economy and currency stability?