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View all search resultsfinance-ministry
Regulations 2 months ago
PREMIUM
Purbaya pulls $4.8b liquidity injection from banks to fuel govt spending
The injections are part of Rp 276 trillion in government deposits redirected from the government’s accounts at Bank Indonesia (BI) in September and November to support liquidity at state-owned banks.
Economy 2 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.
Economy 3 months ago
PREMIUM
Revenue slump pushes fiscal deficit wider in November
State revenue reached just 82.1 percent of the full-year outlook in November, down 5.67 percent from the same period last year, while the budget deficit stood at 2.35 percent of GDP, noticeably higher than October's 2.02 percent, though the finance minister said this was "within manageable limits".
Opinion 3 months ago
PREMIUM
Analysis: Final warning to customs office: Reform or be replaced
Finance Minister Purbaya Yudhi Sadewa has issued a stark ultimatum to the Customs and Excise Directorate General (DJBC): repair its battered reputation within a year or face the possibility of another institutional freeze. The warning puts the future of roughly 16,000 employees on the line. But the deeper question is whether the DJBC can truly rebuild itself or whether this threat simply postpones the next cycle of breakdown and intervention.
Opinion 3 months ago
PREMIUM
Analysis: Indonesia's fiscal strains deepen as deficit rises, revenue underperforms
Indonesia's budget deficit widened Rp 479.7 trillion (US$29.98 billion) or 2.02 percent of GDP in October 2025, heightening concerns about the country's fiscal health. This marks a sharp increase from the Rp 309.2 trillion deficit, or 1.37 percent of GDP, recorded during the same period last year. The shortfall has been further pressured by sluggish state revenues as the government had collected only Rp 2.1 quadrillion by Oct. 31, equivalent to 73.7 percent of this year's revenue outlook.
