The House of Representatives has approved the government’s target of 5.3 percent economic growth for next year and this will be the foundation for other projections made under the draft 2020 state budget. The target will be used as the … Continue reading →
The House of Representatives and the government have agreed on a set of macroeconomic assumptions that will form the basis for the 2020 state budget. The agreement projects accelerating gross domestic product (GDP) growth. “Economic growth was agreed at 5.2 … Continue reading →
President Joko Widodo has expressed the need for a task force to safeguard every investment coming into Indonesia. “As per the coordinating minister for economy, we will have a single-submission system later in January or February. This must be set … Continue reading →
Investment has grown positively in the third quarter owing to business confidence in the countrys economic conditions, Indonesian Finance Minister Sri Mulyani stated. “Investment has grown seven percent due to the confidence of business players,” she remarked here on Wednesday. … Continue reading →
Vice President Jusuf Kalla stated that the increase of domestic and foreign investment is important to boost economic growth that in the third quarter 2017 grew by 5.06 percent. “Boosting growth requires more investment and exports,” VP Kalla said here … Continue reading →