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View all search resultsstate-spending
Economy 3 months ago
PREMIUM
Revenue slump pushes budget deficit near 3% limit
Finance Minister Purbaya Yudhi Sadewa has acknowledged high pressure on the state budget and said the government’s 2025 deficit target may be missed but vowed that the figure would remain below the legal cap at 3 percent of GDP.
Economy 4 months ago
PREMIUM
Fiscal deficit far below 3% ceiling in October despite strong monthly rise
According to the latest budget figures presented by Finance Minister Purbaya Yudhi Sadewa, the state budget deficit remains well below the full-year ceiling with just two months left in the calendar year, which the minister attributes to fiscal discipline.
Regulations 4 months ago
PREMIUM
New government lending scheme potential ‘risk’ for fiscal discipline
A new regulation allowing regional administrations and region- or state-owned enterprises (SOEs) to borrow money from the central government entails opportunities for local authorities but also poses risks to fiscal discipline, economists say.
Economy 1 year ago
PREMIUM
Free meals program gets Rp 171t budget this year: Sri Mulyani
According to the National Nutrition Agency (BGN), which runs the free nutritious meal program, the new injection is expected to cover the cost of the full-scale program, estimated at Rp 25 trillion per month, once it launches in September
Regulations 1 year ago
PREMIUM
Latest budget plan makes room for new ministries, Tommy says
The deputy finance minister has revealed that the 2025 state budget plan has adequate fiscal space for the agenda of Prabowo's incoming government, including the creation of any new ministries under a law revision that eliminates the cap of 34, which is expected to be passed before the end of this month.
Society 1 year ago
PREMIUM
New education budget scheme raises fear of funding cut
The Finance Minister has proposed a new state budget mechanism for meeting the mandatory 20 percent allocation for education, which has raised fears among experts that schools, teachers and students will all be left shortchanged.
