Burden Sharing Redux: Monetizing Debt without Alienating Creditors (with Joseph Incalcaterra)

HSBC’s regional economist for Asean joins the pod to look at how Indonesia can preserve confidence and restore fiscal prudence despite having extended its extraordinary debt financing through 2022. Apropos the matter, Jeff and Kevin review developments in parliament’s 2007 General Tax Law revision, which business interests are resisting. Also discussed: what the acquittal of the coal tycoon Samin Tan reveals about the state of anti-corruption efforts and the unprecedented machete ...