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state-spending

Business 5 years ago

Govt expects omnibus bill to improve foreign investment, economic growth in 2021

The omnibus bill on job creation is expected to help the economy grow 5.7 to 6 percent.

Business 5 years ago

Ministries of transportation, public works have spent less than half of annual budgets

The Transportation Ministry and the Public Works and Housing Ministry, in charge of infrastructure projects, have spent less than 50 percent of their respective budgets as of Monday, top officials reported, amid calls to expedite government spending during the pandemic.

Business 5 years ago

Ministry to expand public employment scheme in Q3 infrastructure projects

The public works ministry plans to expand its employment-intensive scheme to target 80,000 workers through existing infrastructure projects.

Business 5 years ago

Jokowi asks for prioritization of state spending on domestic products in Q3

“We should put the brakes on spending overseas. Buy, shop and get our own products, so it can trigger the economy and spur our growth,” the President said in a limited Cabinet meeting at the State Palace in Jakarta on Tuesday.