ANNUAL BUDGET SPEECH (23 news)

Annual Budget Speech

Indonesia to launch Mineral and Commodities Exchange in early 2027

President Prabowo Subianto announced at the Parliament Complex in Jakarta on Friday that Indonesia's Strategic ...

Annual Budget Speech

Indonesia earmarks Rp820.9 trillion for education in 2027 budget

The Indonesian government has decided to allocate Rp820.9 trillion (over $46 billion) to the education sector, as ...

Annual Budget Speech

Prabowo vows to begin construction of Java north coast sea wall

President Prabowo Subianto affirmed his determination to initiate the construction of a Giant Sea Wall along Java's ...

Annual Budget Speech

Indonesia proposes limited dual citizenship for top diaspora talent

The Indonesian government is proposing legislative amendments to permit limited dual citizenship for specific ...

Annual Budget Speech

Indonesia targets 6 percent economic growth in 2027, Prabowo says

The government is targeting Indonesia's economic growth to reach 6 percent year-on-year in 2027, according to the ...

Annual Budget Speech

Prabowo submits 2027 budget bill to House speaker

President Prabowo Subianto submitted the 2027 State Budget Bill and its Financial Note to House of Representatives ...

Annual Budget Speech

Indonesia's budget deficit stays at 0.91 pct of GDP through July 2026

President Prabowo Subianto said the State Budget deficit remained under control at 0.91 percent of gross domestic ...

Annual Budget Speech

Prabowo highlights Indonesia's AAA-rated Panda Bonds in China

President Prabowo Subianto highlighted Indonesia’s Panda Bonds, which received an AAA/Stable rating from China ...

Annual Budget Speech

Government to build, revitalize 441 regional hospitals: Prabowo

President Prabowo Subianto said the government plans to develop and upgrade 441 Regional General Hospitals (RSUD) to ...

Annual Budget Speech

Prabowo outlines eight national priorities in 2027 Draft State Budget

President Prabowo Subianto announced that the 2027 Draft State Budget (RAPBN) would focus on eight National Priority ...

Annual Budget Speech

State budget key tool to protect citizens: Prabowo

Indonesian President Prabowo Subianto presented the 2027 draft state budget to parliament on Friday, framing fiscal ...

Annual Budget Speech

Indonesia records highest economic growth in 13 years: President

Indonesian President Prabowo Subianto stated on Friday that the nation's 5.45 percent year-on-year economic growth ...

Annual Budget Speech

Indonesia's economic growth remains above global average: President

President Joko Widodo (Jokowi) reiterated that Indonesia has been successful in maintaining its economic growth rate ...

Annual Budget Speech

Transfer of fund to regions to provide real benefits: Widodo

Indonesian President Joko Widodo (Jokowi) has said that the policy of transfer of funds to regions is aimed at ...

Annual Budget Speech

Indonesia one of few countries to script quick recovery: Widodo

Indonesia is among the few countries that have managed to recover quickly from the global crisis in recent years, ...

Annual Budget Speech

Indonesian Gov't sets 2023 budget deficit limit at 3% of GDP

The government has set the budget deficit limit at 2.85–3.00 percent of the gross domestic product (GDP), or ...

Annual Budget Speech

Monetary tightening shook financial markets in developing countries

President Joko Widodo, in his 2023 State Budget Speech, affirmed that aggressive monetary tightening in several ...

Annual Budget Speech

Manufacturing, trade sectors recorded expansive growth: President

President Joko Widodo (Jokowi) highlighted that Indonesia's manufacturing and trade sectors clocked significant ...

Annual Budget Speech

Gov't sets state revenue target at Rp2,443.6 trillion for 2023

The government is targeting to rake in Rp2,443.6 trillion (US$165.1 billion) in state revenues in 2023 to continue the ...

Annual Budget Speech

The 2023 State Budget prepared to anticipate turmoil: Jokowi

The government has designed the 2023 State Budget to be vigilant, anticipatory, and responsive to various possible ...