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spending

The year we spent more online: A look at 2024’s digital spending habits

Consumer Insights 1 year ago

The year we spent more online: A look at 2024’s digital spending habits

Are we in control of our online spending, or are digital discounts and impulse buys quietly draining our wallets?

Govt to allocate Rp 400 trillion for 2026 free meal program

Regulations 1 year ago

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Govt to allocate Rp 400 trillion for 2026 free meal program

The government aims to increase the 2026 free meals budget nearly six times from this year's initial figure of Rp 71 trillion to cover around five times this year's target of 17.5 million recipients, while it looks for an extra Rp 100 trillion to fund the program until the end of 2025.

2024 budget deficit smaller than anticipated

Economy 1 year ago

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2024 budget deficit smaller than anticipated

Last year’s budget closed with a deficit of Rp 507.8 trillion (US$31.34 billion), 2.29 percent of the country’s gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati revealed in a press conference on Monday.

Not all extra budget requests will be met, says Prabowo

Economy 1 year ago

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Not all extra budget requests will be met, says Prabowo

“Stop prodding at the finance minister,” the President joked.

2024 a year of shrinking Indonesian middle class

Economy 1 year ago

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2024 a year of shrinking Indonesian middle class

The government maintains that the economic situation remains under control, despite warnings from businesses and analysts.

China says to raise deficit, boost spending next year: State media

Economy 1 year ago

China says to raise deficit, boost spending next year: State media

China will raise its deficit in order to boost spending next year, its finance minister said Tuesday according to state media, as Beijing looks to prop up its struggling economy.

Wars, regional tensions boost arms sales: report

Europe 1 year ago

Wars, regional tensions boost arms sales: report

Sales of arms and military services by the world's 100 largest arms companies totalled $632 billion in 2023, up 4.2 percent, according to a report by the Stockholm International Peace Research Institute (SIPRI).

Govt to turn some social aid into working capital for the poor

Regulations 1 year ago

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Govt to turn some social aid into working capital for the poor

BP Taskin head Budiman Sudjatmiko said on Thursday that the administration sought to gradually reduce social assistance spending, which later could be reallocated for “empowerment programs”.

Why we have to continuously update the poverty line

Academia 1 year ago

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Why we have to continuously update the poverty line

According to the World Bank’s "Poverty & Equity Brief East Asia & Pacific" released in October 2023, under the global standard, 60.5 percent of Indonesia's population, around 166.6 million people, were living below the poverty line in 2022.

Get real on GDP

Editorial 1 year ago

Get real on GDP

Businesses are reluctant to expand, citing a lack of financing access and government policy flip-flops, among others reasons.

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