#2020 state budget

Collection of 2020 state budget news, found 93 news.

2020 budget deficit at 6.09 percent of GDP

Indonesia’s budget deficit in the year ending December 31, 2020 reached Rp956.3 trillion, or 6.09 percent of the ...

COVID-19 handling budget realization reaches 69.3% of 2020 allotment

Budget realization under the COVID-19 Handling and National Economic Recovery (PC-PEN) Program, as of December 14, had ...

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Business circle upbeat about COVID-19 vaccine ending uncertainty

The government believes that national economic recovery will principally hinge on the novel coronavirus disease ...

Vaccine, health protocol prerequisite for economic recovery: BI

Governor of Bank Indonesia (BI) Perry Warjiyo expressed belief that availability of vaccines and application of health ...

BI buys Rp342.52 trillion worth of government's sovereign debt papers

Bank Indonesia (BI) bought government-issued sovereign debt papers (SBN) worth Rp342.52 trillion through a market or ...

Indonesia's central bank cuts benchmark interest rate to 3.75 percent

Bank Indonesia (BI) decided to slash its benchmark interest rate, or BI seven-day reverse repo rate, by 25 basis points ...

Ministry to release additional state capital funding for 2020

The Ministry of Finance will increase the allocation of state capital participation (PMN) this year for two state-owned ...

Realization of village funds reaches Rp61.28 trillion

Finance Minister Sri Mulyani Indrawati revealed that the realization of village funds reached Rp61.28 trillion, or ...

Govt to inject Rp2 trillion into Bio Farma for vaccine procurement

The Finance Ministry plans to inject Rp2 trillion in funds to state-owned pharmaceutical holding company PT Bio Farma ...

ICP increased to US$42 per barrel until September

The Indonesian Crude Price (ICP) rose by an average of US$4 to US$42 per barrel in the year ending September 30, 2020, ...

BI leaves key rate unchanged again amid low inflation outlook

Bank Indonesia has left its Seven-Day Reverse Repo Rate (BI7DRRR) unchanged at 4 percent for the third consecutive ...

Indonesia's economic recovery began in third quarter of 2020: Minister

Indonesia's economic recovery began in the 2020 third quarter (Q3) owing to government spending on the National ...

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Domestic economic recovery underway, global economy starts to rebound

The global economy is gradually starting to rebound as economic gains in China and the United States are driving global ...

Sri Mulyani expects economic improvement to shore up tax revenue

Minister of Finance (Menkeu), Sri Mulyani Indrawati, said she expects the improvement in economic performance, ...

State revenue breaches Rp1,000-trillion mark as of Aug

Indonesian Finance Minister Sri Mulyani Indrawati has said the realization of state revenues has reached Rp1,034.1 ...