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View all search resultscurrent-account-deficit
Business 7 years ago
Indonesia posts $4.4 billion balance of payment deficit in Q3
Indonesia recorded a balance of payment deficit of US$4.4 billion in the third quarter as its capital and financial account surplus was not sufficient to cover its growing current account deficit (CAD), Bank Indonesia (BI) announced on Friday.
Business 7 years ago
Current account deficit to continue through Q3: Finance Minister
Finance Minister Sri Mulyani Indrawati has estimated that the large current account deficit will continue through to the third quarter, as government measures to curb imports had not produced significant results in the second quarter.
Business 7 years ago
New import rule targets consumer goods: Minister
Finance Minister Sri Mulyani Indrawati has stressed that the new regulation to be issued in days will curb imports on consumer goods, which were blamed for ballooning trade deficit in July and increasing the current account deficit (CAD).
Business 7 years ago
Finance Ministry prepares regulation on import tariffs
Finance Minister Sri Mulyani Indrawati has said her ministry was preparing a ministerial regulation draft to regulate import income tax (PPh) to curb imports in response to the increasing country’s current account deficit (CAD).
