Transportation Minister Budi Karya Sumadi has called on private companies to participate in some infrastructure projects that will be kicked off next year. “I want projects, such as the Maros-Pare-pare railway, Bandung LRT, and Surabaya LRT projects, to be developed by private … Continue reading →
The government has set an economic growth target at 5.4 percent in the 2018 Draft State Budget (RAPBN) to be achieved through the support of public consumption, increased investment, and improved export/import performance. President Joko Widodo (Jokowi) made the remarks … Continue reading →
Investment in human capital and fairer wealth distribution through state budget is prerequisite to Indonesia’s development, Finance Minister Sri Mulyani Indrawati said on Tuesday (25/07). “Investing in human capital cannot wait … It’s not about how much money, but how it is spent,” … Continue reading →
The House of Representatives’ budget committee revealed on Tuesday the results of its deliberation with the government on the draft state budget for 2018. The committee’s chairman, Azis Syamsuddin, delivered the government’s working program priorities and general direction of next … Continue reading →
A deficit in the 2017 state budget is expected to widen to 2.6 percent from the targeted 2.41 percent of the gross domestic product (GDP) due to extra priority spending, Finance Minister Sri Mulyani Indrawati said. “We are likely to … Continue reading →