Fiscal and Monetary Policy Synergy in Support of Indonesia's Macroeconomic Stability

Authors

  • Sri Dewi Yusuf IAIN Sultan Amai Gorontalo
  • Rismanto Rismanto Institut Agama Islam Negeri Sultan Amai Gorontalo

DOI:

https://doi.org/10.31000/competitive.v9i1.13895

Keywords:

Fiscal Policy, Monetary Policy, Economic Stability, Central Bank

Abstract

The synergy between fiscal and monetary policy plays an important role in supporting Indonesia's macroeconomic stability. Fiscal policy, which includes the management of the state budget and government spending, and monetary policy, which is managed by the central bank through the regulation of the money supply and interest rates, share the goal of maintaining economic stability. This study aims to explore the interaction between the two policies and analyze how synergies between them can promote sustainable economic growth. In crisis situations such as the COVID-19 pandemic, expansionary fiscal policy and appropriate monetary intervention play an important role in boosting aggregate demand, controlling inflation, and maintaining currency stability. Effective coordination between government and central bank actions is key in facing domestic and global challenges to create a resilient and stable economy.

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References

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Published

2026-01-15

Issue

Vol. 9 No. 1 (2025): Competitive Jurnal Akuntansi dan Keuangan

Section

Articles

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How to Cite

[1]
S. D. Yusuf and R. Rismanto, “Fiscal and Monetary Policy Synergy in Support of Indonesia’s Macroeconomic Stability”, COMPETITIVE, vol. 9, no. 1, pp. 88–97, Jan. 2026, doi: 10.31000/competitive.v9i1.13895.