Responding to the growing elderly population challenges through social protection in Indonesia from fiscal policy perspective

By 2020, around 10% of Indonesia’s population will be aged 60 years and above. The highest rates of extreme poverty are found among the elderly, where one in five are living below the national poverty line. Women are more impacted than men, as they are often widowed and lack support. This is the time for Indonesia to invest in social protection for the elderly population to prepare for the future. To recommend policy options to the Government of Indonesia, the National Team for the Acceleration of Poverty Reduction, under the Vice President's office of Indonesia, with support from the Australian Department of Foreign Affairs and Trade (DFAT) hosted an International Conference on Social Protection for Elderly in Jakarta on 22 May 2018. This presentation was made by Prof. Suahasil Nazara, Head of Fiscal Policy Agency, Ministry of Finance, Indonesia at the conference.