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Business 6 years ago
Indef projects growth down to 3.6%, urges health spending to tackle COVID-19
The economic think-tank stresses that a lockdown on affected areas will lead to greater long-term gains, while increasing public health spending could be both an economic driver and a means to increase the sector's capacity in managing the epidemic.
Business 6 years ago
Young Indonesian men today less uncomfortable around higher-earning women: Economist
Many of today’s women are not doubtful about their competence when given an opportunity for higher income and/or responsibility. What they are not confident about is the spouse and family support as men, particularly of the older generation, still lack confidence when their wives earn more.
Business 6 years ago
Indonesia’s 2020 budget deficit may widen to 2.8 percent after tax shortfall: Indef
Indonesia’s 2020 state budget deficit may further widen to 2.8 percent of gross domestic product, much higher than the government’s target, as tax reforms are to result in lower revenue collection, economists say.
Business 6 years ago
New capital city to contribute little to Indonesia’s economic growth: Indef
Indonesia’s new capital city will only contribute an additional 0.02 of a percentage point to the country’s economic growth, and the impact will also be short lived, according to Institute for Development of Economics and Finance (Indef) research.
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