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The Jakarta Post
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budget-deficit

Successful vaccination could reduce budget deficit to 3%: DPD speaker 
National 2 months ago

Successful vaccination could reduce budget deficit to 3%: DPD speaker 

A successful COVID-19 vaccination drive could help the government reach its target of reducing the b...
The US economy under Trump: By the numbers
Business 4 months ago

The US economy under Trump: By the numbers

The US economy has suffered a brutal blow from COVID-19, forcing businesses nationwide to close thei...
Deficit widens to US$46.3b as govt spending picks up
Business 4 months ago

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Deficit widens to US$46.3b as govt spending picks up

Tax revenue has fallen by 16.9 percent this year.
Virus spending, lower revenue may weaken Indonesia’s credit quality: Moody’s
Business 5 months ago

Virus spending, lower revenue may weaken Indonesia’s credit quality: Moody’s

The coronavirus-induced economic downturn has sapped tax revenue, spurred government spending and ne...
Indonesia’s budget deficit swells to $22.4b in July as revenue falls
Business 6 months ago

Indonesia’s budget deficit swells to $22.4b in July as revenue falls

The government collected state revenue of Rp 922.2 trillion, a decrease of 12.4 percent year-on-year...
Italy PM says budget deficit likely to rise further amid pandemic
Business 8 months ago

Italy PM says budget deficit likely to rise further amid pandemic

Italy’s budget deficit, currently projected to reach 10.4 percent of domestic output this...
Indonesia’s COVID-19 budget changes again: What we know so far
Business 9 months ago

Indonesia’s COVID-19 budget changes again: What we know so far

The budget deficit is expected to swell to 6.34 percent of gross domestic product (GDP), an inc...
Indonesia may lose market confidence due to mounting debts: World Bank
Business 9 months ago

Indonesia may lose market confidence due to mounting debts: World Bank

The government needs to show a credible path for the economy to unwind “exceptional measures&r...
Indonesia records first-quarter budget deficit of $4.9b
Business 10 months ago

Indonesia records first-quarter budget deficit of $4.9b

Indonesia’s state budget deficit fell to Rp 76.4 trillion (US$4.94 billion) in the first quart...
Explainer: Indonesia to finance coronavirus battle mostly through debt
Business 10 months ago

Explainer: Indonesia to finance coronavirus battle mostly through debt

In addressing the widening deficit, the government is resorting primarily to debt as tax revenue is ...
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