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Sri-Mulyani-Indrawati

‘Prioritized’: Indonesia to establish $5b sovereign wealth fund to support economy
Business 1 month ago

‘Prioritized’: Indonesia to establish $5b sovereign wealth fund to support economy

The fund is aimed at attracting Rp 225 trillion in investment, with foreign funds from the United Ar...
Financial sector overhaul could harm BI’s independence, economists warn
Business 1 month ago

Financial sector overhaul could harm BI’s independence, economists warn

The possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulati...
ADB approves $500m disaster resilience loan for Indonesia
Business 2 months ago

ADB approves $500m disaster resilience loan for Indonesia

Following an earlier loan of US$1.5 billion to support Indonesia's coronavirus response, the ADB...
Indonesia’s budget deficit swells to over 3 percent of GDP in August
Business 2 months ago

Indonesia’s budget deficit swells to over 3 percent of GDP in August

The country’s fiscal deficit reached Rp 500.5 trillion (US$33.96 billion) as of August, or 3.0...
Indonesia’s annual GDP set to contract for first time since 1998
Business 2 months ago

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Indonesia’s annual GDP set to contract for first time since 1998

The government has revised its gross domestic product (GDP) outlook down to an annual contraction of...
Halal certification should not be burdensome for businesses: Sri Mulyani
Business 2 months ago

Halal certification should not be burdensome for businesses: Sri Mulyani

Halal certification should be provided to businesses without risking competitiveness, Sri Mulyani sa...
US, Indonesia sign deal to cooperate on infrastructure financing
World 2 months ago

US, Indonesia sign deal to cooperate on infrastructure financing

The United States Treasury Secretary Steven T. Mnuchin and Indonesian Finance Minister&nbs...
Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal
Business 2 months ago

Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal

The government has proposed providing Rp 37.38 trillion (US$2.5 billion) in capital injections for s...
Indonesia’s GDP may contract more than 2.1% in Q3 amid Jakarta restrictions: Sri Mulyani
Business 2 months ago

Indonesia’s GDP may contract more than 2.1% in Q3 amid Jakarta restrictions: Sri Mulyani

The government previously expected the economy to post flat growth.
Budget deficit projected to reach 5.7 percent of GDP in 2021 as uncertainty hits tax revenue
Business 2 months ago

Budget deficit projected to reach 5.7 percent of GDP in 2021 as uncertainty hits tax revenue

The government now expects the fiscal deficit to reach Rp 1 quadrillion (US$67.32 billion), 5.7 perc...
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