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View all search resultsstate-budget-deficit
Economy 4 days ago
PREMIUM
Govt pledges not to increase fuel prices
The government is holding subsidized fuel prices steady through year-end as global oil price tops US$100 a barrel, with Finance Minister Purbaya Yudhi Sadewa saying the state will absorb the shock rather than pass it on to consumers.
Regulations 1 week ago
PREMIUM
Govt mulls lifting deficit cap amid high oil price
The government says this year’s fiscal deficit may temporarily exceed the legal limit for the sake of maintaining economic growth should oil prices remain elevated for a prolonged period as the US-Israeli war on Iran rages on.
Economy 2 months ago
PREMIUM
Profound budget policy changes failed to lift growth in 2025
The first full year under the leadership of President Prabowo Subianto was marked by pronounced changes in budget allocations and a shift toward pro-growth fiscal policy, but amid external and internal challenges, this has yet to reflect in GDP figures.
Economy 4 months ago
PREMIUM
Fiscal deficit far below 3% ceiling in October despite strong monthly rise
According to the latest budget figures presented by Finance Minister Purbaya Yudhi Sadewa, the state budget deficit remains well below the full-year ceiling with just two months left in the calendar year, which the minister attributes to fiscal discipline.
