Despite continued traffic jams, overcrowded public transportation, ports and airports during this year’s Idul Fitri holiday, there are signs the government’s push for more infrastructure development has started making impacts on easing people’s lives and help propel growth, an industry … Continue reading →
Coordinating Economic Affairs Minister Darmin Nasution said he expects the economy to grow between 5.1 and 5.3 percent from April-June amid strong global consumption rates that could spur increased Indonesian exports. “People in Europe and the United States are entering … 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 →
Chief economic minister Darmin Nasution said Indonesias debts have grown because the government was boosting developmental efforts. “They have grown fast because we are seriously boosting development,” he stated here on Tuesday. Darmin assured that although the countrys debts have … Continue reading →
The Central Statistics Agency (BPS) reports that Indonesia’s economy grows 5.01 percent (YoY) in the first quarter of 2017. “The growth is higher compared to the Q4 of 2016 and Q1 of 2016; I hope we will continue to see … Continue reading →