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The Jakarta Post
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economic-growth

Indonesia’s GDP may contract more than 2.1% in Q3 amid Jakarta restrictions: Sri Mulyani
Business 3 days ago

Indonesia’s GDP may contract more than 2.1% in Q3 amid Jakarta restrictions: Sri Mulyani

The government previously expected the economy to post flat growth.
Budget deficit projected to reach 5.7 percent of GDP in 2021 as uncertainty hits tax revenue
Business 1 week ago

Budget deficit projected to reach 5.7 percent of GDP in 2021 as uncertainty hits tax revenue

The government now expects the fiscal deficit to reach Rp 1 quadrillion (US$67.32 billion), 5.7 perc...
‘Bill will push central bank into dark age’: Experts voice concerns over BI Laws revision
Business 2 weeks ago

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‘Bill will push central bank into dark age’: Experts voice concerns over BI Laws revision

The draft revision also scraps all existing articles stipulating BI’s independence in monetary...
US growth, job gains slowing, Fed reports
Business 2 weeks ago

US growth, job gains slowing, Fed reports

The Fed's beige book survey of economic conditions highlighted "rising instances of furloug...
How to move on from economic contraction
Opinion 4 weeks ago

How to move on from economic contraction

In the pursuit of an economic rebound, restoring confidence is essential. Economic contraction alway...
Indonesia looking at near-zero growth as govt struggles to spend budget, Sri Mulyani says
Business 4 weeks 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...
Govt aims for 2021 budget deficit at 5.5% of GDP, sees growth near 5%
Business 1 month ago

Govt aims for 2021 budget deficit at 5.5% of GDP, sees growth near 5%

The government expects Indonesia’s state budget deficit to remain wide next year to provide ro...
Indonesia’s economy to grow 6% next year as activity normalizes, Citibank says
Business 1 month ago

Indonesia’s economy to grow 6% next year as activity normalizes, Citibank says

Citibank Indonesia chief economist Helmi Arman said the economy may return to precoronavirus levels ...
75 years on, GDP has grown but inequality, poverty linger
Business 1 month ago

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75 years on, GDP has grown but inequality, poverty linger

Indonesia’s economy has grown significantly in the 75 years since the country’s independ...
Agriculture resilient to pandemic’s impact
Business 1 month ago

Agriculture resilient to pandemic’s impact

The sector, the second-largest contributor to Indonesia’s economy, managed to grow 2.19 percen...
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