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Economy 2 years 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 7.1 percent amid a flurry of spending that grew 14 percent in May, including on social assistance to mitigate the impacts of El Niño on food prices.
Business 6 years ago
Weak state revenue reflects ‘fragile’ economic recovery: Sri Mulyani
Several business sectors including trade, construction and real estate, as well as mining fell at a faster rate in July compared with June, signaling a slowing economic recovery, Finance Minister Sri Mulyani Indrawati said.
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