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World-Bank

Economy 3 days ago

PREMIUM
S&P maintains BBB rating with stable outlook for RI, says Purbaya

Finance Minister Purbaya Yudhi Sadewa said that S&P would come to Indonesia in June to reassess the country’s economy and budget “thoroughly”.

Economy 5 days ago

PREMIUM
Purbaya addresses US investors in first overseas trip

The Finance Minister said in March that the waning international perception of the country might be his fault on account of global investors not knowing who he is.

Americas 5 days ago

World Bank could provide up to $100 billion in funds for countries hit by war, Banga says

Banga's comments, on the sidelines of the spring meetings of the International Monetary Fund and World Bank, reflect growing recognition of the huge impact the war is already having on global growth and inflation, with developing countries likely to be hit the hardest.

Economy 1 week ago

PREMIUM
Govt insists on growth target as World Bank lowers forecast

Though the World Bank has downgraded its growth projection for Indonesia due to the economic fallout from the Iran war, a move preceded by a similar revision by the OECD last month, the government insists on the achievability of the state budget target.