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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.
Regulations 1 month ago
PREMIUM
Lawmakers, Purbaya butt heads over Rp 370t excess cash management
Experts noted that the risk of banks getting too reliant on the funds “is real” and a dependency cycle might materialize as banks grow accustomed to the idea that the funds are a “permanent source of liquidity”.
Academia 1 month ago
PREMIUM
The price of centralization: Inside the regional budget crisis
As Jakarta starves the regions provinces of vital funds to bankroll high-profile national projects, the country’s decentralized governance is fracturing under the weight of an unprecedented, manufactured regional budget crisis.
Politics 1 month ago
PREMIUM
Home Minister urges budget cuts, not layoffs
The Home Ministry has instructed regional administrations not to furlough government contract employees (PPPK) despite mounting fiscal pressure, urging them instead to slash nonessential spending and reprioritize budgets before seeking central government assistance.
Politics 2 months ago
PREMIUM
Public Works Minister in hot water as family listed in official trip
Public Works Minister Dody Hanggodo has come under scrutiny after an official ministry document listed his wife and daughter as members of a planned delegation to the United States, drawing questions from the Indonesian Ombudsman and the public over transparency and the use of state facilities.
Archipelago 2 months ago
PREMIUM
Students rally to urge restoring civilian supremacy, stopping 'wasteful' spending
Topping the demands made by students across the archipelago are to stop the free meals and rural cooperatives programs, restore the TNI to its original defense function and to stabilize the national currency.
Regulations 2 months ago
PREMIUM
Free meal, cooperative programs may lead to subpar tax revenue
Tax Director General Bimo Wijayanto said there was an ambiguity in the issuance of a National Nutrition Agency (BGN) head circular which classifies the funds used by the programs’ kitchens as grants that are not subject to tax.
Society 2 months ago
PREMIUM
Beneficiaries willing to forgo free meals to improve quality
As controversy and pressure mount over President Prabowo Subianto’s flagship free nutritious meal program, some beneficiaries say they are willing to forgo the assistance intended to combat stunting if it allows the government to address the initiative’s shortcomings, even as operators and other stakeholders voice concerns over its continuity.
Companies 2 months ago
PREMIUM
State budget injection into Danantara could raise fiscal risks
Danantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy.
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