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Economy & Markets Jan 17, 2023
Nowadays, we are transitioning from the pandemic to endemic times, and we hope to start living normally and co-exist with the Coronavirus.

Besides that, the Indonesian economy faces problems due to the world economic situation, such as stagflation and reflation, which could bring a change in the economic situation that is worrying for Indonesia.

Stagflation itself is a condition where the world's economy slows down or even becomes stagnant with high inflation that happens at the same time. The conflict between Russia and Ukraine triggered this issue and impacted the increase in oil and natural gas prices which caused increases in wages for the Indonesian people.

If stagflation continues, world economic growth will stagnate and a decline in high inflation can occur which will cause reflation, namely the risk of recession and high inflation. The economic situation, which should be able to run smoothly and according to the plans of each country, will also be hampered.

Because of that, to face both situations we should prepare a foolproof financial plan starting from managing finances, setting up additional financial posts, setting up emergency funds, etc.

We can also start investing with a selection of the best products from BRI Prioritas starting from mutual funds as a place to collect customer funds that are managed and invested by investment managers in portfolios of securities and stocks.

In addition to choosing mutual fund products, you can also make investments with savings products from BRI Prioritas that provide convenience and comfort for every preferred customer through various special services and privileges that always support the smooth running of your financial transactions.

Always prepare yourself for optimal protection for your financial management with BRI Prioritas to make it easy to grow.