President Prabowo Subianto\u2019s direct attendance at the DPR RI plenary\nsession tomorrow is seen as a significant political and economic signal\namid current economic pressures. Rizal Taufikurahman, head of the Macro\nEconomics and Finance Centre at the Institute for Development of\nEconomics and Finance (Indef), said markets would read this as the\ngovernment\u2019s effort to maintain confidence in the direction of fiscal\npolicy. \u2018On the positive side, the President can demonstrate direct\ncommitment to preserving the credibility of the APBN and strengthen\nfiscal\u2011monetary coordination. This is important because fiscal space is\ntightening due to potential increases in energy subsidies, rising debt\nservice costs, and the large financing needs of priority programmes,\u2019 he\ntold Media Indonesia on Tuesday (19 May).<\/p>\n
In addition, Rizal noted the President\u2019s attendance could provide\ncertainty to investors regarding the stabilisation strategy and\nstructural reforms. As reported, President Prabowo Subianto is scheduled\nto attend the 19th Plenary Session of the DPR RI for the 2025-2026\nSession Year at the Parliament Complex, Senayan, Jakarta, on Wednesday\n(20 May). The President\u2019s attendance marks a historic moment in the\nnational legislative tradition.<\/p>\n
Deputy Speaker of the DPR, Saan Mustopa, confirmed that the main\nagenda of the meeting is the delivery of the Macro Economic Framework\nand the Kerangka Pokok Kebijakan Fiskal (KEM-PPKF) as the basis for the\nRancangan Anggaran Pendapatan dan Belanja Negara (RAPBN) for the 2027\nfiscal year. \u2018The plan is for the macroeconomic framework, as well as\nthe key fiscal policy principles, to be presented directly by the\nPresident,\u2019 Saan said at the Parliament Complex on Tuesday (19 May).<\/p>\n
The President\u2019s move to present the KEM-PPKF directly to the\nlawmakers is unusual. Saan noted that it is the first time a President\nhas assumed this role in person. In previous administrations, strategic\ndocuments on the direction of the country\u2019s economy and fiscal policy\nwere usually delivered by government ministers, such as the Finance\nMinister or the Coordinating Minister for the Economy.<\/p>\n
Markets will be watching how strongly the government can instil\nconfidence in fiscal stability and debt management. The Istana explained\nthat the decision for the President to deliver the KEM-PPKF RAPBN 2027\nin the DPR is intended to unite the nation\u2019s efforts.<\/p>\n
Prabowo Subianto is scheduled to attend the DPR plenary on Wednesday\n(20 May) to deliver the KEM-PPKF and RAPBN for the 2027 fiscal year. DPR\nSpeaker Puan Maharani outlined the DPR\u2019s strategic focus on oversight,\nincluding security of the TNI, energy issues, and protection of victims\nof sexual violence.<\/p>\n
The speaker added that markets will be attentive to how robust the\ngovernment\u2019s assurances on fiscal stability and debt management prove to\nbe. The Istana reiterated the rationale for the President\u2019s direct\npresentation of the KEM-PPKF RAPBN 2027 in the DPR to rally national\nresolve. A DPR Deputy Chairman, Dave Laksono, urged a comprehensive\nreview of Indonesia\u2019s WNI protection framework in light of incidents in\nMalaysia and Somalia, as well as the Global Sumud issue.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indef-president-prabowos-attendance-at-the-dpr-plenary-session-demonstrates-commitment-to-safeguard-apbn-1779546082", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }