Adi Budiarso

Keywords

Dr. Adi Budiarso is the Head of the Climate Change and Multilateral Policy Center of the Fiscal Policy Agency in the Ministry of Finance of Indonesia

He was the Human Capital Advisor to the Secretary-General of the MOF and has acted as Head of the Finance Profession Regulatory Agency and the Deputy of Secretary-General of the Ministry of Finance for Human Capital from 7 January 2019 to 8 July 2019.

How Smaller Firms in Indonesia Survive One Year into the Pandemic

The COVID-19 pandemic has brought about forced changes in people’s lives and work styles as fit to contactless societies under the “new normal.” One year after the outbreak in 2020, how could Indonesia’s micro, small, and medium-sized enterprises (MSMEs) survive and change their business models in response to the crisis? To what extent could the government assistance programs support MSMEs in overcoming the hardships?

SERD Policy Talk (SPOT): Focusing on Debt Sustainability

The COVID-19 pandemic has raised debt sustainability issues in Asia with the debt-to-GDP ratio rising from 47% in 2019 to 52% in 2020 for ASEAN economies. Debt will likely rise further in 2021 as fiscal stimulus continues and tax revenue remains weak due to gradual economic recovery. What are the critical actions needed to promote fiscal consolidation? How can the region balance debt sustainability concerns with the goal of driving a better and greener recovery in the coming years?

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