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View all search resultsdeficit
Economy 1 year ago
US October-February budget deficit hits record $1.147 trillion
The October-February deficit, which included nearly four months until January 20 under former president Joe Biden, topped the previous record $1.047 trillion from October 2020 to February 2021 - a period marked by high COVID-19 relief spending and pandemic-constrained revenues.
Archipelago 1 year ago
PREMIUM
Prabowo denies civil servant salary cuts amid budget reductions
President Prabowo Subianto refuted claims that budget cuts for ministries and agencies would impact civil servant salaries. Previous reports suggested that some ministries and agencies have already laid off contract workers because of budget constraints.
Opinion 1 year ago
PREMIUM
Analysis: KPK suffers another pretrial defeat, trust deficit
The South Jakarta District Court has dealt the Corruption Eradication Commission (KPK) a major blow after granting a pretrial motion filed by South Kalimantan Governor Sahbirin Noor, who claimed the KPK’s move to name him a suspect was illegitimate.
