Assets Journal
Vol. 4 No. 1 (2026): Assisting MSMEs in Product Branding and Digital Marketing Development

PUBLIC FINANCE AND FISCAL POLICY IN INDONESIA: AN ISLAMIC AND COMPARATIVE GLOBAL PERSPECTIVE

khusnul hotima (Nurul Jadid University)
hurriyatus saidah (Nurul Jadid university)



Article Info

Publish Date
25 Dec 2025

Abstract

his paper examines the dynamics of public finance and fiscal policy in Indonesia, with a particular focus on integrating Islamic financial principles and offering a comparative perspective with global fiscal strategies. It explores how Indonesia's fiscal policies are influenced by both traditional economic models and Islamic finance, emphasizing the role of Shariah-compliant financial instruments in public sector management. Through a comparative analysis with global fiscal frameworks, the study highlights the effectiveness of fiscal responsibility, government budgeting, taxation systems, and public expenditure management in fostering economic growth and stability. The paper also addresses the role of fiscal decentralization, government debt, and sustainable development in shaping Indonesia's economic future. By drawing insights from international best practices, the study proposes avenues for improving Indonesia's fiscal policies while aligning them with Islamic economic values.

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assets

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An electronic journal that focuses on scientific articles resulting from research or community service that examines problems and issues related to economics and business. This journal provides an academic platform for professionals and researchers to contribute to innovative work in the fields of ...