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View all search results2020-state-budget
Business 5 years ago
PREMIUM
Yearender 2020: Govt takes extraordinary measures, passes jobs law as Indonesia falls into recession
“Extraordinary times require extraordinary policies and measures,” Finance Minister Sri Mulyani Indrawati said on April 1 as the government scrambled to rescue the economy and handle the pandemic.
Business 5 years ago
PREMIUM
Indonesia’s budget deficit jumps to $54.1b in October as virus-related debt piles up
As vaccines may only become available in the second half of next year, the pandemic will continue to limit economic recovery, said Institute for Development of Economics and Finance executive director Tauhid Ahmad.
Business 5 years ago
PREMIUM
'Ample room' in COVID-19 budget, say officials, despite low spending and record cases
As calls for the government to speed up spending on its coronavirus response continue amid the expected post-holiday surge in new cases, the COVID-19 task force has said it has ample spending room.
Business 5 years ago
Weak state revenue reflects ‘fragile’ economic recovery: Sri Mulyani
Several business sectors including trade, construction and real estate, as well as mining fell at a faster rate in July compared with June, signaling a slowing economic recovery, Finance Minister Sri Mulyani Indrawati said.
