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government-spending

Ministry pushes forward 982 infrastructure deals as govt ramps up spending
Business 3 months ago

PREMIUM
Ministry pushes forward 982 infrastructure deals as govt ramps up spending

The Public Works and Housing Ministry signed on Friday 982 infrastructure procurement packages worth...
Cabinet shake-up expected to accelerate COVID-19 spending, spur economy
Business 4 months ago

PREMIUM
Cabinet shake-up expected to accelerate COVID-19 spending, spur economy

The government has spent nearly half of the Rp 96.17 trillion (US$6.7 billion) healthcare budget all...
Indonesia’s budget deficit jumps to $54.1b in October as virus-related debt piles up
Business 5 months ago

PREMIUM
Indonesia’s budget deficit jumps to $54.1b in October as virus-related debt piles up

As vaccines may only become available in the second half of next year, the pandemic will continue to...
Indonesia looks to spend $85b in Q4 to get economy out of recession
Business 5 months ago

PREMIUM
Indonesia looks to spend $85b in Q4 to get economy out of recession

Indonesia is looking to spend around Rp 1.2 quadrillion (US$85.21 billion) in state budget and regio...
Jokowi urges regional leaders to control inflation, boost spending to revive consumption
Business 6 months ago

Jokowi urges regional leaders to control inflation, boost spending to revive consumption

Indonesia’s annual inflation rate was 1.42 percent as of September, below Bank Indonesia&rsquo...
Deficit widens to US$46.3b as govt spending picks up
Business 6 months ago

PREMIUM
Deficit widens to US$46.3b as govt spending picks up

Tax revenue has fallen by 16.9 percent this year.
Govt, House pass Indonesia’s 2021 state budget: What you need to know
Business 7 months ago

PREMIUM
Govt, House pass Indonesia’s 2021 state budget: What you need to know

The 2021 State Budget Law targets Indonesia’s economic growth to rebound to 5 percent next yea...
Jokowi calls for regional spending as economy contracts
Business 9 months ago

Jokowi calls for regional spending as economy contracts

“I am optimistic [the economy in] the third quarter will be better than in the second quarter,...
Govt to spend $37b stimulus by year end through new programs, simpler bureaucracy
Business 9 months ago

PREMIUM
Govt to spend $37b stimulus by year end through new programs, simpler bureaucracy

The new stimulus programs range from a continuation of existing programs such as fund placement in b...
Indonesia must control virus spread to hasten recovery: Economists
Business 9 months ago

Indonesia must control virus spread to hasten recovery: Economists

Finance Minister Sri Mulyani Indrawati expects the economy to grow at no more than 0.5 percent or ev...
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