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View all search results2020-state-budget
Business 5 years ago
House ready to support 2020 budget revisions to account for COVID-19
Macroeconomic assumptions in the state budget will be changed, including the economic growth target, which will be changed from 5.3 percent to between 4 and 5.1 percent. The rupiah is expected to hover around Rp 16,000 per US dollar this year from its initial projection of Rp 14,400 per US dollar.
Business 5 years ago
Indonesia’s budget to fight COVID-19: What we know so far
The Jakarta Post has compiled a list of funds allocated by the government for medical needs, workers, households and businesses to cope with COVID-19, based on information from the Office of the Coordinating Economic Minister and the Finance Ministry as of March 30.
Business 6 years ago
House passes human capital-oriented 2020 state budget bill into law
Finance Minister Sri Mulyani Indrawati said that the 2020 state budget would focus on human capital and social security development, infrastructure development, fiscal incentives for research and development, village and regional funds procurement and the strengthening of university endowments.
Business 6 years ago
Govt, House agree on 2020 economic growth target of 5.3%
The target will be used as the baseline for next year’s state budget proposal, alongside other macroeconomic assumptions, which include a 3.1 percent inflation rate, Rp 13,900 to Rp 14,400 per US dollar exchange rate and 5.4 percent three-month treasury bill rate.
