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 →
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 →
The Energy and Mineral Resources Ministry has signed off on contracts for 134 procurement of goods and services packages for the first phase of the 2017 state budget. The packages are worth a total Rp 284 billion (US$21.3 million). Energy … 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 →