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View all search resultsfinance-ministry
Regulations 1 month ago
PREMIUM
Purbaya doubles down on selective additional transfers amid regional shortfalls
The finance minister is taking the precaution to verify local administrations' claims about a funding squeeze as regional transfers fell 11.2 percent yoy to Rp 357.4 trillion (US$20 billion) as of end June.
Regulations 1 month ago
PREMIUM
Coretax to be central tax administration system from July: Finance Ministry
The Finance Ministry has announced that the capacity of the Coretax platform will be expanded gradually this month to handle all tax-related matters, in an aim to enable better oversight, data accuracy and administrative effectiveness, as well as to increase taxpayer confidence.
Regulations 1 month ago
PREMIUM
Govt banks on Rp 500t inflows to international financial center
The planned Indonesia International Financial Center (PFII) will attract massive foreign capital inflows, the government has claimed, but economists view that as a long-term aspiration rather than a realistic near-term goal, pointing to the challenges of taking on global hubs with long-term track records.
Regulations 2 months ago
PREMIUM
Purbaya denies banks' call to extend liquidity injection
The finance minister has rejected state-owned banks' call to extend the liquidity injection scheme, citing a need for flexibility while noting that the central bank would step in if necessary to maintain a stable money supply.
Companies 3 months ago
PREMIUM
Govt unseals Tiffany & Co stores, imposes $5.3m fines
In February, the Jakarta Customs and Excise Directorate General shut down three Tiffany & Co outlets across Jakarta shopping malls, including Plaza Senayan, Plaza Indonesia and Pacific Place, over allegations of illegal imports.
Academia 3 months ago
PREMIUM
The rupiah’s long decline and Indonesia’s structural imbalances
The rupiah's persistent depreciation is a structural consequence of over-reliance on volatile capital inflows to finance a chronic current account deficit, persistent saving–investment imbalances, lasting fiscal deficit and a narrow, commodity-dependent export base.
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