Renny Oktavia, Renny
Universitas Muhammadiyah Sidoarjo

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The Impact of Fiscal and Monetary Policies on Indonesia’s Economic Performance: A Critical Analysis Wulansari, Suci Diana; Rachmaniyah, Bunga Ayufi; Reswara, Krisna; Oktavia, Renny
Journal of Regional Economics Indonesia Vol. 5 No. 2 (2024): Agustus 2024
Publisher : University Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jrei.v5i2.12711

Abstract

Fiscal and monetary policies are crucial in steering the direction of a nation’s economy, necessitating coordination to achieve targeted economic growth. This paper explores the character and real-world implementation of fiscal and monetary policies and their implications for Indonesia’s economic direction and performance, based on a literature review. Fiscal policy, primarily shaped by taxation policy, aims to: (i) stimulate economic growth, (ii) promote income distribution equity, and (iii) finance government expenditures. These objectives align with key fiscal priorities, namely: (i) economic recovery, (ii) economic transformation, and (iii) social equity. Meanwhile, monetary policy supports accelerated economic recovery through (i) expansionary and (ii) consolidation policies. Effective monetary policy coordination with fiscal policy is essential to achieve broader macroeconomic goals, highlighting the need for cohesive policy alignment to foster sustainable development.
PERANAN BAITUL MAAL WATTAMWIL (BMT) TERHADAP UPAYA PERBAIKAN MORAL MASYARAKAT DI KAWASAN DOLLY SURABAYA Oktavia, Renny
An-Nisbah: Jurnal Ekonomi Syariah Vol 1 No 1 (2014)
Publisher : UIN Sayyid Ali Rahmatullah Tulungagung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21274/an.2014.1.1.119-137

Abstract

Implementation of Closing localization “Dolly” by Surabaya city government, followed by concrete steps by giving them the skills at the same time funding assistance for livelihood instead of pimps and prostitutes, is the appropriate steps to address the socio-economic problems that occur in the region.  In order to preserve government capital, it needs to connect them with Sharia Microfnance Institutions (LKMS), the Baitul Maal Wattamwil (BMT). BMT  will then be able to assist to increase the capacity of their business in the form of additional capital. In addition, through mentoring activities or coaching, BMT make efforts to maximize the role of the moral improvement of society, such efforts include: 1) mentoring activities of the economy or business and 2) mentoring activities of the Islamic values    or Ruhiyah. Keywords: Government, BMT, Capital, Coaching, Morality Improvement