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View all search resultsstate-spending
Regulations 1 year ago
PREMIUM
Private sector won’t commit to Nusantara unless govt does: Business groups
Domestic firms want to see the state commit more funds to the future capital city before they themselves feel confident about investing, as they believe the megaproject’s development remains heavily dependent on fiscal support.
Economy 1 year 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 5 years ago
Indonesia to spend less than expected of COVID-19 budget by year-end
The government is planning to spend only Rp 664 trillion (US$47 billion), 95.5 percent of the COVID-19 stimulus budget totaling Rp 695.2 trillion, by the end of 2020, according to Finance Minister Sri Mulyani Indrawati on Monday.
Business 5 years ago
Ministry conducts early bidding for 1,900 of next year's construction projects
Public Works and Housing Ministry Construction Director General Trisasongko Widianto said on Tuesday that the ministry was already processing 1,900 infrastructure procurement packages out of 4,900 planned packages for 2021 through the electronic procurement system (SPSE).
