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 →
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 →
Sri Mulyani Indrawati is the hero who came home. President Joko Widodo summoned her back, so she left her very senior position as managing director of the World Bank. Sri was made finance minister, a position she held under the … Continue reading →
President Joko “Jokowi” Widodo revealed his government’s proposed 2017 state budget during a plenary session at the House of Representatives in Jakarta on Tuesday (16/08). The budget assumes that the rupiah will appreciate in value next year and that Indonesia’s economy … Continue reading →
The government has decided to revise the 2016 state budget, according to the result of a plenary cabinet session held on Wednesday. “The finance minister has proposed the revision of the 2016 state budget although it still has five months … Continue reading →