Indonesia offered investment opportunities in 35 infrastructure projects worth $30.5 billion at this year’s Nomura Investment Forum Asia, which took place in Singapore this week, National Development Planning Minister Bambang Brodjonegoro said in a statement on Wednesday (07/06). “Infrastructure development … Continue reading →
Indonesia’s Commission XI on financial affairs of the House of Representatives (DPR) has approved Rp40.7 trillion worth of allocation in the draft 2017 state budget for the Finance Ministry. The budget of Rp40.7 trillion was approved after slashing the previous … Continue reading →
The House of Representatives’s budget committee and the government have agreed on a cap on the state budget for next year, anticipating a slow global economy to drag down the country’s growth. The committee agreed on Rp 2,081 trillion ($160 … Continue reading →
Lawmakers approved on Wednesday the economic growth target for 2017 with little objection, a signal that lawmakers now see eye-to-eye with the government on next year’s challenging economic situation. The decision was made at the House of Representatives’ Budget Committee … Continue reading →
The Indonesian government and House of Representatives have settled on an economic growth target of 5.1 percent for 2017, anticipating weak government spending to continue next year. The target was lower than the 5.2 percent target set for 2016 and … Continue reading →