Habib Rab

Habib Rab is the Lead Economist for the World Bank in Indonesia and Timor-Leste, known for his analysis of Indonesia's fiscal challenges. Recently, he highlighted concerns regarding the rising debt burden in Indonesia, emphasizing that the country's debt-to-GDP ratio is currently at 39.36% while the ratio of interest payments to government revenue has reached 20%. His insights point to the need for greater fiscal caution as Indonesia navigates increasing debt obligations amid stagnant revenue growth.