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state-budget-deficit

Prabowo team vows fiscal prudence amid World Bank, IMF concerns
Economy 1 year ago

PREMIUM
Prabowo team vows fiscal prudence amid World Bank, IMF concerns

A 2003 law stipulates that Indonesia's fiscal deficit must not exceed 3 percent of GDP in any fi...
Concern over next govt’s fiscal policy depressing rupiah, BI says
Economy 1 year ago

PREMIUM
Concern over next govt’s fiscal policy depressing rupiah, BI says

Analysts have urged the Finance Ministry and the transition team of president-elect Prabowo Subianto...
Prabowo's cabinet expansion plan raises budget concerns
Politics 1 year ago

PREMIUM
Prabowo's cabinet expansion plan raises budget concerns

As the House of Representatives moves swiftly to increase the legal limit on the number of executive...
Jokowi summons Sri Mulyani amid customs, state budget concerns
Economy 1 year ago

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Jokowi summons Sri Mulyani amid customs, state budget concerns

The state budget next year has been in the spotlight after Prabowo, who is currently the defense min...
Prabowo wonders whether Indonesia needs to keep its 3% deficit cap
Regulations 1 year ago

PREMIUM
Prabowo wonders whether Indonesia needs to keep its 3% deficit cap

The presumptive president-elect also opined that the government should consider privatizing state-ow...
Subsidies, social aid to stretch budget deficit close to limit
Regulations 1 year ago

PREMIUM
Subsidies, social aid to stretch budget deficit close to limit

Government projections point to a sharp increase in the gap between state expenditure and revenue th...
Low 2023 budget deficit not all good news, experts say
Regulations 1 year ago

PREMIUM
Low 2023 budget deficit not all good news, experts say

Indonesia posted the lowest budget deficit in years, but experts say the smaller-than-planned gap be...
2023 budget deficit may be smaller than estimated
Regulations 2 years ago

PREMIUM
2023 budget deficit may be smaller than estimated

As 2023 draws toward its end, the full-year gap between state expenditure and state revenue may be s...
Govt targets tax revenue hike despite commodity price drop
Economy 2 years ago

PREMIUM
Govt targets tax revenue hike despite commodity price drop

The Finance Ministry has raised the bar for state income by more than 9 percent despite this year&rs...
Govt to keep an eye on oil prices, projected to surge to $100 by year-end
Regulations 2 years ago

PREMIUM
Govt to keep an eye on oil prices, projected to surge to $100 by year-end

The government will keep a watchful eye on crude oil prices, which are expected to surge by the end ...
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