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View all search resultsAPBN
Regulations 2 weeks ago
PREMIUM
Govt mulls lifting deficit cap amid high oil price
The government says this year’s fiscal deficit may temporarily exceed the legal limit for the sake of maintaining economic growth should oil prices remain elevated for a prolonged period as the US-Israeli war on Iran rages on.
Economy 3 months ago
PREMIUM
Revenue slump pushes fiscal deficit wider in November
State revenue reached just 82.1 percent of the full-year outlook in November, down 5.67 percent from the same period last year, while the budget deficit stood at 2.35 percent of GDP, noticeably higher than October's 2.02 percent, though the finance minister said this was "within manageable limits".
Economy 4 months ago
PREMIUM
Fiscal deficit far below 3% ceiling in October despite strong monthly rise
According to the latest budget figures presented by Finance Minister Purbaya Yudhi Sadewa, the state budget deficit remains well below the full-year ceiling with just two months left in the calendar year, which the minister attributes to fiscal discipline.
Opinion 4 months ago
PREMIUM
Analysis: Rejection of APBN use, uncertainty in Luhut's family office plan
The proposal to establish a family office, a private investment entity, from National Economic Council (DEN) head Luhut Binsar Pandjaitan has recently returned to the public spotlight after Finance Minister Purbaya Yudhi Sadewa rejected the use of the state budget (APBN) to fund the venture. Purbaya said the family office project must be developed entirely through DEN's own resources, emphasizing that the Finance Ministry had no role in designing or planning the project. Luhut responded by pointing to a misperception regarding the proposal, clarifying that the planned project had nothing to do with the state budget. Details of the initiative remain vague, however, so it is uncertain how the new entity will be structured and financed.
Economy 6 months ago
PREMIUM
Govt revises 2026 state budget, increases regional spending
Following deadly protests and unrest that shook the country last month, the government has decided to increase total spending to Rp 3.84 quadrillion (US$232.4 billion), including an increase in regional spending to Rp 693 trillion.
