The Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

LOG IN / REGISTER

LOG IN

Don’t have an account? Register here Give your organization full access to The Jakarta Post. Register here

state-budget-deficit

Economy 2 days ago

House discusses changes to fiscal deficit limit

The spending limits have come under the spotlight since President Prabowo Subianto took office in October 2024 after making costly campaign promises and setting an 8% economic growth target.

Economy 2 weeks ago

The 2027 State Budget: Path toward a narrower deficit

Tax revenue in 2027 is projected at around 9.3 percent of GDP. Adding customs and excise raises the ratio to roughly 10.4 percent, slightly above 10.2 percent of GDP in the 2026 outlook.

Regulations 1 month ago

PREMIUM
Govt to reroute Danantara dividends back to state budget

The government’s debt had reached a record high of Rp 10.3 quadrillion, or 41.26 percent of gross domestic product, as of June 30, up Rp 1.8 quadrillion since Prabowo took office in October 2024.

Regulations 1 month ago

PREMIUM
Purbaya doubles down on selective additional transfers amid regional shortfalls

The finance minister is taking the precaution to verify local administrations' claims about a funding squeeze as regional transfers fell 11.2 percent yoy to Rp 357.4 trillion (US$20 billion) as of end June.

Economy 2 months ago

PREMIUM
Govt expects full-year tax shortfall despite strong growth in first half

Indonesia has completed the first half of 2026 with strong growth in tax revenue but the government expects the full year to conclude with a Rp 47 trillion (US$2.6 billion) shortfall.

Economy 3 months ago

PREMIUM
Tax revenue grows considerably in May, Purbaya says

The finance minister has hailed "real improvement" across the board in tax collection, which the government said was the result of stronger economic activity and improved implementation of the Coretax platform.

Regulations 3 months ago

Indonesia to revise state budget law but deficit ceiling not the focus, lawmaker says

Fitch Ratings, among two rating agencies that cut Indonesia's credit rating outlook this year, ⁠has cited potential changes to the fiscal and debt limits in state finance laws as factors in their outlook revisions.

Economy 4 months ago

PREMIUM
Govt to launch incentives for 200,000 EVs to boost sales, cut fuel subsidies

In a push to reduce the burden of fuel subsidies on the state budget and boost growth in the latter two quarters, the government is planning to roll out a new incentive for purchases of electric two- and four-wheelers in June.

Economy 5 months ago

PREMIUM
Purbaya addresses US investors in first overseas trip

The Finance Minister said in March that the waning international perception of the country might be his fault on account of global investors not knowing who he is.

Regulations 5 months ago

PREMIUM
Details on gasoline, diesel rationing remain elusive

Caps on how much fuel motorists may buy per day could be troublesome to enforce on the ground and will not eliminate the fiscal headache of high global oil prices.

Editor's Picks

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Let us know what you think:

Enter at least 30 characters

0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

The Jakarta Post

Popular Reads

Top Results

Popular Reads

Top Results

LOG IN

state-budget-deficit

House discusses changes to fiscal deficit limit

The 2027 State Budget: Path toward a narrower deficit

PREMIUM Govt to reroute Danantara dividends back to state budget

PREMIUM Purbaya doubles down on selective additional transfers amid regional shortfalls

PREMIUM Govt expects full-year tax shortfall despite strong growth in first half

PREMIUM Tax revenue grows considerably in May, Purbaya says