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The House of Representatives passed the 2023 state budget bill into law, restoring a targeted shortf...
The government is optimistic that the budget deficit will drop to less than 4 percent of GDP this ye...
These pave the way for the government to reinstate a budget deficit cap of 3 percent of GDP sta...
The government has altered its forecast for debt issuance in 2021 to cover a wider-than-expected bud...
The Finance Ministry estimates the amount of debt issuance this year will fall to Rp 958.1 trillion,...
A House commission has grilled Defense Minister Prabowo Subianto over his US$125 billion defense spe...
Fiscal space needed to allocate budget funds to achieve 3% deficit target by 2023
The previously approved budget for the program in 2021 was Rp 372.3 trillion, although authorities h...
Indonesia’s budget deficit soared to a record Rp 956.3 trillion (US$69.07 billion) last year a...
As vaccines may only become available in the second half of next year, the pandemic will continue to...