Riyandi Saras Anggita

Ongoing consultancy projects : 1) Senior Economist – Analysis of Funding Needs and Efficient Budget Modelling for East Java Provincial Regional Apparatus (OPD) Program and Activities – East Java Regional Development Planning Agency (Bappeda) (October 2025 – October 2026)

- Served as core technical contributor on economic modelling and cost-benefit analysis quantifying the return on investment in adolescent girls' health, education, and social protection in Indonesia, working alongside a senior economist using nationally representative microdata (SUSENAS, SAKERNAS). - Co-authored on Economic Modelling of Projected Returns on Investment in Adolescent Girls in Indonesia report with National Development Agency (Bappenas), the Ministry of Women's Empowerment and Child Protection, the Ministry of Manpower, the Ministry of Social Affairs, and UNICEF, helping translate complex econometric findings into policy-relevant evidence. - Supported policy dialogue and inter-ministerial stakeholder engagement to validate findings and follow up on recommendations from the study. Expertise : Research, economics, gender study, investment, public policy, microdata. Achievement : - Published the Economic Modelling of Projected ROI in Adolescent Girls in Indonesia in June 2026, with conclusion that investment on vocational training in adolescent girls could generate positive returns up to 22.4 times.

- Classified and mapped national and sectoral budgets against Indonesia's SDG Bond and Blue Bond frameworks, building a structured basis for sustainability financing analysis. - Assessed the scope, effectiveness, and sectoral distribution of SDG and Blue Bond–funded programs to evaluate alignment with national sustainability priorities. - Linked bond-funded projects to relevant SDG goals and targets, ensuring coherence with Indonesia's national development agenda and international commitments. - Contributed to policy briefs, reports, and presentations communicating financing outcomes and their contribution to sustainable development to government and donor stakeholders. Expertise : Sustainable finance, impact evaluation, blue economy and SDG. Achievement : - Published the SDG Bond and Blue Bond Allocation and Impact Report 2025. The report shows the allocation of SDG Bond and Blue Bond to selected projects in Indonesia that support SDG implementation, including climate action, agriculture, education, gender equality, decent work, etc.

- Assessed the impact of social housing bond financing for low-income households, linking outcomes to direct and indirect contributions toward relevant SDG targets. - Mapped and visualized the geographic distribution of housing finance impact across Indonesian provinces, based on the number of homes financed and mortgage (KPR) transaction values. - Profiled beneficiary households by socioeconomic background and assessed the affordability and accessibility of housing finance distribution across Indonesia. Expertise : Housing finance stability analysis, data visualization, SDG alignment, socio-economic analysis. Achievement : - Published Social Bond and Allocation Report 2024. The report indicates that SMF has disbursed IDR 8.25 trillion, with the largest share of financing allocated to Java Island (63%). The primary beneficiaries are households earning IDR 3–4 million per month, with an average mortgage installment-to-income ratio of 29%.

- Conducted research on primary education in East Java and East Nusa Tenggara, examining culturally responsive curricula as a form of school autonomy. - Designed and analyzed a survey across 100 sample schools in both regions to assess levels of school autonomy and their impact on learning outcomes. - Facilitated regional dialogues with government officials, stakeholders, and school representatives to gather insights and support the development of inclusive, contextually relevant education strategies. Expertise : Education policy research, survey design, quantitative analysis and regional economy. Achievement : - Published the Envisioning School Autonomy to Leverage Culturally Responsive Learning : Evidence from East Java and Nusa Tenggara. The report shows Indonesia's decentralized education system empowers schools and local governments to implement culturally responsive learning through flexible, context-specific policies and curricula.

- Supported quantitative and qualitative analysis of socio-economic transformation in East Kalimantan as part of Indonesia's National Medium-Term Development Plan (RPJMN 2025–2029). - Evaluated economic trends, policy implications, and development strategies to inform approaches for sustainable regional growth. - Collaborated with local governments, the business sector, and the Ministry of National Development Planning (Bappenas) to generate insights supporting Indonesia's New Capital (IKN) development. - Contributed to monthly progress reports documenting key activities, deliverables, stakeholder engagements, and policy recommendations to support regional economic planning and implementation. Expertise : Regional economic analysis, policy evaluation, economic forecast, climate change, green transition and digital transformation Achievement : - Published the Strengthening the Socio-Economic Structure of East Kalimantan Province. This report gives recommendations proposed technical assistance to be prioritized for 2025-2029, including digital transformation, climate change and green transition, infrastructure development and inclusive development.

- Analyzed asymmetric and symmetric decentralization practices in Indonesia, evaluating their impact on governance, economic performance, and regional disparities. - Forecasted key local economic indicators, including growth, poverty, and unemployment, while assessing the effectiveness of decentralization policies in ensuring equitable access to development opportunities. - Contributed data-driven insights and policy recommendations to the RPJMN 2025–2029 report, in collaboration with the National Development Planning Agency (Bappenas), supporting sustainable and inclusive regional development. Expertise : Decentralization policy, economic transformation and modelling, regional disparity assestment , inclusive and sustainable development. Achievement : Publication postponed due to the termination of the USAID-funded project.

- Supported C-Level executives by identifying, structuring, and analyzing key data to address strategic business challenges and drive informed decision-making - Leading and managing cross-functional initiatives including project management ensuring alignment with business objectives, whether for process improvement or growth strategies - Conducted risk management assessments, evaluate business practices, and develop standardized operating procedures (SOPs) to enhance efficiency and mitigate potential risks at every stage of the company's operations Expertise : Business analyst, project management, risk analysis, agile thinking. Achievement : Successfully delivered a portfolio of strategic research and business development initiatives at PT Dagangan Karya Indonesia, producing performance analytics, identifying cost-saving opportunities, designing pilot programs, and conducting market research that informed product development and commercial strategy. Key projects included company performance monitoring, expired product cost-efficiency analysis, local talent program design, a PayLater partnership, and market assessments for formula milk and flour products in Indonesia.

- Managed projects across various business areas, overseeing planning, implementation, performance tracking, and follow-ups to ensure successful execution - Monitored OKRs including identifying areas for improvement, and recommending strategic adjustments to optimize outcomes - Facilitated alignment between the Jakarta and South Korea offices, ensuring seamless coordination on company growth strategies and fostering collaboration to drive business success Expertise : Business analyst, project management, business and development, agile thinking. Achievement : Led customer analytics initiatives at PT Tokotalk Indonesia, evaluating the impact of podcast-based marketing on customer retention and conducting churn rate analysis to identify key drivers of customer attrition. Delivered actionable insights that informed customer engagement strategies and supported data-driven decision-making to enhance customer retention.

- Monitored macroeconomic and financial developments using data from Bloomberg, CEIC, Bank Indonesia, and BPS to evaluate their implications for economic policy and market conditions. - Produced economic benchmarks and analytical reports to support trend forecasting and contribute to the organization's monthly economic publication. - Conducted economic analysis and forecasting to anticipate market trends, interpret macroeconomic developments, and provide evidence- based insights for strategic decision-making. - Collaborated with stakeholders, including the World Bank and Asian Development Bank, to evaluate the socio-economic impacts of SMI- funded infrastructure projects, including RSUD Karangasem (Bali) and Pasar Jelojok (Central Lombok). Expertise : Forecast, finance and investment, data analytics, public policy, impact evaluation Achievement : - Published Potret Ekonomi Indonesia di Tengah Pandemi Covid-19 : Kumpulan Studi untuk Pemulihan Ekonomi Indonesia. This publication contained comprehensive assessment of the economic impacts of the COVID-19 pandemic on Indonesia, evaluating fiscal stimulus effectiveness, regional fiscal resilience, and infrastructure demand through macroeconomic forecasting and policy analysis.

- Conducted extensive economic research, producing articles, reports, and policy digests for the Chief Economist, focused on creative economy sector, investment, trade and regional economics issues. - Provided technical support to enhance policy impact through in-depth economic and public policy analysis - Contributed to thought leadership initiatives, facilitating discussions with policymakers to influence decision-making and drive meaningful policy outcomes Expertise : Creative economy, public policy, investment, macro-economics, policy evaluation. Achievement : - Authored three book chapters published by Intrans Publishing, providing policy and economic analysis on tourism resilience, film-induced tourism, and creative economy development in Indonesia. - Prepared confidential policy briefs, internal memoranda, and analytical reports to evaluate economic policies and provide strategic recommendations for the Office of the President during the Jokowi administration (2018–2019).

- Analyzed economic and statistical data related to budgeting policy and regional economics, conducting in-depth research and synthesizing information from multiple sources to provide valuable insights - Presented findings in a clear and structured manner while identifying and resolving technical or research challenges to support data-driven policy recommendations. - Conducted in-depth qualitative and quantitative research to identify trends and generate insights. Expertise : Fiscal policy, regional economics, public policy.

Monitoring, Evaluation, Accountabillity and Learning (MEAL) Essential Certificate

MEL

Certified Blue Economist (CBEc)

Blue Economist