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View all search resultsAs criticism mounts over the central government’s responses to disasters across Indonesia, Jakarta’s perceived responsiveness to everyday concerns has emerged as an unlikely bright spot in the public eye.
In separate incidents in three other locations this week, 950 individuals had fallen ill as a result of food poisoning linked to the programme, a member of a House commission overseeing health said.
Indonesia has introduced a new exception to its natural resources export proceeds (DHE-SDA) policy, allowing exporters from the United States, China, Australia and Canada greater flexibility in managing their export proceeds. The announcement marks the first significant relaxation of a policy that, only months earlier, was expanded to require most natural resource exporters to retain 100 percent of their export earnings in Indonesia's state-owned banks (Himbara) for 12 months.
President Prabowo Subianto has once again taken what many observers describe as an impulsive policy step, raising eyebrows among academics and policy experts. This time, the controversy surrounds the establishment of the University of the Republic of Indonesia (URI), a project announced without any publicly available policy study or broad institutional consultation.
Finance Minister Purbaya Yudhi Sadewa's decision to reverse course on the placement of the budget surplus balance (SAL) warrants closer scrutiny. While the move may reflect policymakers' willingness to respond to changing market conditions, it also raises a more fundamental question: Does frequent policy recalibration strengthen confidence by demonstrating flexibility, or does it undermine the certainty that the financial system depends on?
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