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Opinion 11 months ago
PREMIUM
Analysis: Unmet revenue target, govt pushes faster, stronger tax collection
Indonesia will need to accelerate both revenue collection and government spending in the final months of this year, after realizing just over half of the 2025 outlook by the end of August. The Finance Ministry reported that state revenue reached Rp 1.64 quadrillion (US$98.61 billion) as of Aug. 31, or 57.2 percent of the outlook, and realized state spending of Rp 1.96 quadrillion (55.6 percent). This left the 2025 state budget with a deficit of Rp 321.6 trillion, equal to 1.35 percent of gross domestic product (GDP).
Companies 1 year ago
MR.D.I.Y. records Rp 3.7 trillion (US$223.97 million) in revenue for 2025 first half
PT Daya Intiguna Yasa Tbk (MR.D.I.Y. Indonesia) closed the first semester of 2025 with revenue rising 16.5 percent year-on-year (yoy) to Rp 3.7 trillion (US$223.97 million), while total transactions increased by 11.6 percent to 47.6 million transactions.
Academia 1 year ago
PREMIUM
The silent threat to Indonesia’s budget sustainability
The seemingly positive fiscal trajectory hides a deeper vulnerability: the growing burden of debt servicing, which is steadily consuming a significant portion of the government’s revenue and narrowing its fiscal space.
Regulations 1 year ago
US customs duties top $100 billion for first time in a fiscal year
US customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.
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