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View all search resultsbudget-disbursement
Business 5 years ago
JCI to rally beyond 5,500 despite looming recession: analysts
The Jakarta Composite Index (JCI) is likely to continue its rally beyond 5,500 despite the looming recession and increasing number of COVID-19 cases, as the government’s COVID-19 response and the capital inflows from new domestic investors will boost investor confidence, analysts have predicted.
Business 5 years ago
Grappling with bureaucracy, new ministers struggle to spend money fast enough: Sri Mulyani
The government is pinning its hopes on a Rp 695.2 trillion (US$46.6 billion) stimus package help the economy, and ministers are "working like crazy" to spend the money, says the finance minister.
Business 5 years ago
Indonesia looking at near-zero growth as govt struggles to spend budget, Sri Mulyani says
Finance Minister Sri Mulyani Indrawati said on Wednesday that economic growth could flatline at zero percent this year as economic activity might start to normalize by September, adding that the government was struggling to spend the stimulus budget needed to revive the economy.
Editorial 5 years ago
Finally getting the message?
The lingering question is why Jokowi only let the public learn of his anger after 10 days. The public, as well as experts, have criticized the way his ministers, especially Health Minister Terawan Agus Putranto, have handled the biggest public health crisis of our time from the very beginning.
