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 →
Indonesia saw in 2017 on a strong footing with better a global environment supported by the country’s fiscal performance and better quality of spending, according to the World Bank’s Indonesia Economic Quarterly report released this month. The report also highlights … Continue reading →
The government will announce the 15th economic policy package this afternoon. “Policy package relating to logistics,” Cabinet Secretary Pramono Anung said today on the Presidential Palace compound in Jakarta. The government expects the 15th economic policy package to lead to … Continue reading →
The government has reached a tax settlement with United States-based tech giant Google for 2016 for an “undisclosed figure” following a long dispute over allegations that the firm had avoided paying adequate taxes. “We already have an agreement with them … Continue reading →
The government of Jakarta Province is cooperating with Rotterdam City, the Netherlands, in connection with a plan to develop Jakarta Bay. The cooperation will be carried out through the signing of a minutes of agreement (MoA) between Jakarta and Rotterdam … Continue reading →