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View all search resultsfinance-minister
Economy 5 days ago
Indonesia estimates up to $5.9b needed for extra energy subsidies due to Iran war
Initially, the government budgeted Rp 381.3 trillion (US$22.5 billion) to pay for energy subsidies and also compensate state energy firm Pertamina and utility company PLN for their efforts to keep some fuel prices and electricity tariffs at an affordable level.
Regulations 2 months ago
PREMIUM
OJK, IDX name new leaders before markets open again
The Financial Services Authority (OJK) has announced replacements for four of its high-ranking officials who stepped down on Friday, while the Indonesia Stock Exchange (IDX) is also set to appoint a new interim director ahead of a meeting with global stock market index compiler Morgan Stanley Capital International (MSCI) scheduled for Monday.
Opinion 2 months ago
PREMIUM
Analysis: Policy U-turn raises questions over fiscal coherence
Finance Minister Purbaya Yudhi Sadewa's recent decision to withdraw Rp 75 trillion (US$4.5 billion) from state-owned banks has reignited concerns over the coherence and consistency of Indonesia's fiscal strategy.
Economy 3 months ago
PREMIUM
Govt orders more cuts to regional ‘inessential’ spending on flagship programs
Among the non-essential expenditures targeted by the joint circular signed by the finance and home ministers are ceremonial activities, official trips with “non-measurable” outputs and regional grants disbursed to other institutions.
