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Indonesia Economic Prospects (IEP), December 2021

December 16-15, 2021



Watch the IEP launch event.

The Indonesia Economic Prospects (IEP) is a bi-annual World Bank flagship report that provides an impartial and up-to-date assessment of macroeconomic developments, policies, and outlook as well as thematic development challenges for the Indonesian economy. The IEP report aims to inform the public policy debate and is intended for a wide audience, including policy makers, business leaders, financial market participants, the community of investment analysts and professionals and the wider public.

  • The IEP has two main parts with specific and complementary objectives. The first part highlights key developments over recent months, and places these in a longer-term and global context. Based on these developments, and on policy changes over the period, the IEP regularly updates the outlook for Indonesia’s economy. This part of the report contributes to the critical need for regular and sound macroeconomic monitoring of the COVID-19 crisis. The second part of the report provides an in-depth examination of selected economic and policy issues, and analysis of medium-term development challenges.

    • The first part of the December 2021 edition of the IEP will assess the recovery from the COVID-19 shock and policy priorities to improve the recovery. 
    • The second part of the report will analyze policy options and actions to manage the energy transition in Indonesia, the shift to lower carbon energy supply.
  • Time



    09.00 – 09.10

    Opening of the event

    MC: Timothy Marbun

    Welcome Address

    Satu Kahkonen, Country Director, Indonesia and Timor-Leste, World Bank

    Part 1 – Economic Recovery

    09.10 - 09.50

    Keynote speech

    H.E. Sri Mulyani Indrawati, Minister of Finance of the Republic of Indonesia

    Introductory Video


    Presentation of the report

    Habib Rab, Lead Economist, World Bank


    Question & Answer


    Part 2 – Energy Transition

    09.50 – 10.20

    Keynote speech

    H.E. Arifin Tasrif, Minister of Energy and Mineral Resources of the Republic of Indonesia


    Introductory Video



    Presentation of the report

    Stephan Garnier, Lead Energy Specialist, World Bank

    10.20 – 11.00

    Panel Discussion: Energy Transition


    Moderator: Ranjit J. Lamech, Regional Director, Infrastructure, World Bank EAP



    Febrio Kacaribu, Chairman of Fiscal Policy Agency, Ministry of Finance

    Darmawan Prasodjo, President Director, PT Perusahaan Listrik Negara (Persero)

    Kam Ho, Managing Director of Australia & Indonesia, Total Eren

    Rino Donosepoetro, Vice Chairman for ASEAN, Standard Chartered Indonesia

Event Details

  • when: Thursday, December 16, 2021
  • Time: 09.00 – 11.00 am
  • CONTACT: Deviana Djalil (Pipie)