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Election Updates 2 years ago
PREMIUM
Sri Mulyani explains Rp 50 trillion of budget adjustment before Feb. 14 election
The finance minister said there was nothing irregular about automatic adjustments in the state budget, saying that the government had used the fiscal mechanism since 2022 to cover urgent and unexpected spending.
Regulations 2 years ago
PREMIUM
Low 2023 budget deficit not all good news, experts say
Indonesia posted the lowest budget deficit in years, but experts say the smaller-than-planned gap between state revenue and state expenditure also means the government could have done more to support economic growth.
Economy 2 years ago
PT PII Creative Financing, Fiscal Support, and Role of in achieving Indonesia Maju 2045
In order to achieve the 2045 development goals known as Indonesia Maju (Onward Indonesia), one of the government’s main focuses next year is economic transformation. This includes continuing to develop the national infrastructure, improve human resource quality, develop a green economy, use renewable energy, strengthen bureaucratic reform and simplify regulations.
Economy 2 years ago
Uplifting children's well-being: APBN policies in Indonesia
The government of Indonesia, a nation and state concerned about its future generations, has established specific policies in the State Budget (APBN) to enhance the well-being of children. These policies cover various aspects, including health, education and quality of life.
Economy 2 years ago
The 2024 state budget aims to encourage inclusive, sustainable economic growth
The state budget for fiscal year 2024 was passed through Law No. 19/2023 on Oct. 16. In that law, the government targets state revenue of Rp 2,802.29 trillion and state expenditure of Rp 3,325.12 trillion, making for a deficit of Rp 522.83 trillion or around 2.29 percent of Gross Domestic Product (GDP).
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