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state-budget

Finance Minister flags looming revenue shortfall amid tax slump
Economy 2 days ago

PREMIUM
Finance Minister flags looming revenue shortfall amid tax slump

In the first half of this year, the government collected Rp 1.2 quadrillion, the lowest mid-year fig...
Tax revenue down 10% yoy in May amid payment shifts, policy changes
Regulations 2 weeks ago

PREMIUM
Tax revenue down 10% yoy in May amid payment shifts, policy changes

Mirroring a fall in tax collection, state revenue also declined to Rp 995.3 trillion (US$61 billion)...
Project strength to protect prosperity, Prabowo says
Regulations 3 weeks ago

PREMIUM
Project strength to protect prosperity, Prabowo says

President Prabowo Subianto has stressed the need for increased investment in national defense to saf...
Sri Mulyani makes first frontline visit to Papua
Politics 3 weeks ago

Sri Mulyani makes first frontline visit to Papua

A Defense Ministry spokesperson said the visit marked “the first time a finance minister had v...
Plan to increase state funding for political parties brings calls for caution
Politics 1 month ago

PREMIUM
Plan to increase state funding for political parties brings calls for caution

A proposal to increase state funding for political parties to curb corruption in the country’s...
Govt slashes budget for official meeting allowances starting 2026
Regulations 1 month ago

PREMIUM
Govt slashes budget for official meeting allowances starting 2026

While Lisbon acknowledged that the hotel industry has seen declining activities due to the governmen...
Govt sticks to ‘unrealistic’ 8% GDP growth target
Economy 1 month ago

PREMIUM
Govt sticks to ‘unrealistic’ 8% GDP growth target

The government has reaffirmed its aim to reach 8 percent gross domestic product (GDP) growth by the ...
Fiscal revenue down 17% yoy in first quarter
Economy 2 months ago

PREMIUM
Fiscal revenue down 17% yoy in first quarter

In its monthly update for March, the Finance Ministry said state revenue had fallen 17 percent in th...
US tariffs unleash ‘perfect storm’ on 2025 state budget
Economy 2 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...
Indonesia issues 40% of planned annual debt in first quarter
Economy 2 months ago

PREMIUM
Indonesia issues 40% of planned annual debt in first quarter

The government explained that “front-loading” debt issuance was a way to anticipate unce...
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