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Two risks loom over state debt management, namely an increase in the US benchmark interest rate which is "higher for longer" and a world economic slowdown which is "lower for longer". Financing and spending strategies need to be more careful.

Indonesia generalJawa tengahUnited statesJakarta rayaTeuku riefkyAndry asmoroFederal reserveResearch institution of the faculty economicsRisk management ministry of finance riko amirUniversity of indonesiaBank permataInternational monetary fundIndonesian stock exchangeGross domestic productFed funds rateMaintain fiscal resilience