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View all search resultsFinance Minister Purbaya Yudhi Sadewa's recent decision to withdraw Rp 75 trillion (US$4.5 billion) from state-owned banks has reignited concerns over the coherence and consistency of Indonesia's fiscal strategy.
The provincial capital's minimum wage has been increased 7.38 percent to around Rp 5.36 million for 2026, while the greatest hike was around 9 percent for Bintan regency, where workers can expect a minimum wage of nearly Rp 4.6 million.
The national policy on export proceeds (DHE) from natural resources has been revised for a third time after repeated attempts failed to significantly bolster foreign exchange (forex) reserves or deepen onshore foreign currency liquidity. The latest revision relaxes the mandatory rupiah conversion requirement from 100 percent to 50 percent and requires the placement of DHE in Association of State-Owned Banks (Himbara) members. While this is intended to ease pressure on exporters, it raises questions about whether locking DHE onshore can be effective in the long run without undermining export competitiveness.
While over 8 percent of the global population is still undernourished, helping children in poor countries in the first 1,000 days of their lives, in the womb and in their first years, can do phenomenal good for little money.
Last month, President Prabowo Subianto skipped the G20 summit in Johannesburg, South Africa, undermining his claim to be a champion of multilateralism as well as his chances of assuming the vacant leadership of the Global South.
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