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Jakarta Post
The Jakarta Post
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budget-deficit

BI to dominate ownership of 'pandemic bonds' as debt burden grows
Business 9 months ago

BI to dominate ownership of 'pandemic bonds' as debt burden grows

The government will issue nearly Rp 450 trillion (US$27.21 billion) worth of so-called pandemic bond...
Indonesia to issue Rp 450 trillion in 'pandemic bonds' to finance COVID-19 fight
Business 9 months ago

Indonesia to issue Rp 450 trillion in 'pandemic bonds' to finance COVID-19 fight

The government will also increase its bond sales target by Rp 160.2 trillion to Rp 549.6 trillion to...
Moody's lauds Indonesia's economic response but virus containment efforts lag
Business 9 months ago

Moody's lauds Indonesia's economic response but virus containment efforts lag

Five analysts at Moody’s Investor Service wrote in a research note on Friday that an unprecede...
‘This is not a normal time’: BI to break barriers in COVID-19 battle
Business 9 months ago

‘This is not a normal time’: BI to break barriers in COVID-19 battle

“We vow to return to prudent monetary management if the market is ready to fully absorb the de...
Indonesia’s COVID-19 stimulus playbook explained
Business 9 months ago

Indonesia’s COVID-19 stimulus playbook explained

Jokowi signed a Perppu to legitimize much more state spending and financial relief efforts as Indone...
Explainer: BI to throw lifeline to Indonesia’s economy to fight COVID-19
Business 9 months ago

Explainer: BI to throw lifeline to Indonesia’s economy to fight COVID-19

Government Regulation in Lieu of Law (Perppu) No. 1/2020 stipulates that the government can issue bo...
Indonesia announces Rp 405 trillion COVID-19 budget, anticipates 5% deficit in historic move
Business 9 months ago

Indonesia announces Rp 405 trillion COVID-19 budget, anticipates 5% deficit in historic move

Indonesia will issue a government regulation in lieu of law (Perppu) that will boost state spending ...
Indonesia’s budget to fight COVID-19: What we know so far
Business 9 months ago

Indonesia’s budget to fight COVID-19: What we know so far

The Jakarta Post has compiled a list of funds allocated by the government for medical needs, workers...
Indonesia raises spending for COVID-19 as G20 pledges coordinated response
Business 9 months ago

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Indonesia raises spending for COVID-19 as G20 pledges coordinated response

The Finance Ministry identified Rp 62.3 trillion of spending in the 2020 state budget that could be ...
Indonesia may raise budget deficit cap to finance COVID-19 fight
Business 9 months ago

Indonesia may raise budget deficit cap to finance COVID-19 fight

“The point is, we want to relax the state budget and have the political support for when we is...
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