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state-budget-deficit

US tariffs unleash ‘perfect storm’ on 2025 state budget
Economy 8 months ago

PREMIUM
US tariffs unleash ‘perfect storm’ on 2025 state budget

Fiscal discipline is the key to riding out the "perfect storm" swirling around the state b...
RI retains credit rating amid promising growth, but revenue concerns persist
Economy 9 months ago

PREMIUM
RI retains credit rating amid promising growth, but revenue concerns persist

Credit rating agencies warn that a downgrade could be on the horizon if the government struggles to ...
State revenue nosedives in January and February
Economy 9 months ago

PREMIUM
State revenue nosedives in January and February

Indonesia’s state revenue dropped sharply in the first two months of 2025, and signs point to ...
2024 budget deficit smaller than anticipated
Economy 11 months ago

PREMIUM
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...
House passes 2025 state budget
Regulations 1 year ago

PREMIUM
House passes 2025 state budget

After being passed into law, the budget plan for 2025 can still be revised by the incoming administr...
2025 budget to focus on purchasing power to prop up growth
Regulations 1 year ago

PREMIUM
2025 budget to focus on purchasing power to prop up growth

The budget plan keeps many spending items unspecified, including for the development of the country&...
State revenue down 4.3% yoy as of July, but Sri Mulyani sees progress
Regulations 1 year ago

PREMIUM
State revenue down 4.3% yoy as of July, but Sri Mulyani sees progress

The finance minister noted that the situation had improved when compared to the 6.19 percent year-on...
Excess spending, tax shortfall to drive deficit far beyond budget plan
Economy 1 year ago

PREMIUM
Excess spending, tax shortfall to drive deficit far beyond budget plan

Indonesia’s fiscal deficit is projected to be much larger than planned as the state is set to ...
House asks govt to allow for Rp 598t spending increase
Economy 1 year ago

PREMIUM
House asks govt to allow for Rp 598t spending increase

The Finance Ministry has responded by saying that it would review the request, including whether acc...
State revenue drops 7 percent in May amid spending flurry: Sri Mulyani
Economy 1 year ago

PREMIUM
State revenue drops 7 percent in May amid spending flurry: Sri Mulyani

Indonesia booked its first deficit of the year at 0.1 percent of GDP in May as state revenue fell 7....
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