MOF: the economic growth is assumed to range between 4.5% – 5.5% with an inflation rate of 2.0% -4.0%






The coronavirus that causes COVID-19 could become endemic like HIV, the World Health Organization said on Wednesday, warning against any attempt to predict how long it would keep circulating and calling for a “massive effort” to counter it. “It is important to put this on the table: this virus may become just another endemic virus in our communities, and this virus may never go away,” WHO emergencies expert Mike Ryan told an online briefing. (Reuters)

Minister of Finance Sri Mulyani Indrawati conveyed the Macro-Economic Framework and Fiscal Policy Principles (KEM PPKF) in 2021 to the House of Representatives (DPR RI) Tuesday (12/5). The Government proposes the magnitude of macroeconomic indicators used as the basis for the preparation of APBN 2021 as follows: the economic growth is assumed to range between 4.5% – 5.5% with an inflation rate of 2.0% -4.0%. Then, the 10-year SBN interest rate is between 6.67% and 9.5%. (Kontan)

Source: Danareksa Sekuritas Debt Research