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View all search resultsgovernment-spending
Economy 2 years ago
China's Q3 GDP growth, Sept activity show economic recovery gaining traction
Rapidly weakening growth in the world's second-biggest economy since the second quarter prompted authorities to step up efforts, with the stimulus is starting to gain traction although a property crisis and other headwinds continue to pose risks to the outlook.
Business 5 years 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 allocated in the coronavirus stimulus as patients overwhelm hospitals and people struggle to get tested.
Business 5 years 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 limit economic recovery, said Institute for Development of Economics and Finance executive director Tauhid Ahmad.
Business 5 years 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 regional administration funds to support the economic recovery in the fourth quarter this year as the coronavirus pandemic rages on.
Business 6 years 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,” President Jokowi said during a coordination meeting in Bandung on Tuesday. “We want to grow positively but we need to work hard.”
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