#2020 state budget

Collection of 2020 state budget news, found 93 news.

Bank Indonesia continues to strengthen synergic monetary expansion

Bank Indonesia continues to strengthen synergic monetary expansion through the acceleration of fiscal stimuli by the ...

Government slashes 2021 state revenue target by Rp32.7 trillion

The government has reduced the state revenue target in 2021 by Rp32.7 trillion to Rp1,743.7 trillion, down from the ...

Indef sees poverty rate rising to 10.34% in September

The Institute for Development of Economics and Finance (Indef) has predicted that Indonesia's poverty rate may rise ...

State revenue realization at Rp1,028.02 trillion in Aug

  The Finance Ministry (Kemenkeu) reported that the realization of state revenue reached Rp1,028.02 trillion in ...

BKPM targets budget absorption above 95% in 2020

The Investment Coordinating Board (BKPM) is aiming to realize budget absorption of above 95 percent by the end of ...

Jan-July 2020 state budget deficit totaled 2.01 percent of GDP

Finance Minister Sri Mulyani Indrawati noted that the 2020 State Budget (APBN) deficit during the period from January ...

Need policy to relax deficit ceiling of 3% of GDP: Jokowi

President Joko Widodo has said the government still needs to draft a policy to relax the state budget deficit ceiling ...

Indonesia misses state revenue target by 37.7 percent in May

Indonesia posted state revenue of Rp664.3 trillion in the 2020 state budget as of May 31, or 37.7 percent of targeted ...

Government disburses Rp52.57 trillion to 12 SOEs for economic recovery

The government disbursed funds amounting to Rp52.57 trillion to 12 state-owned enterprises (SOEs) to expedite the ...

COVID-19 handling costs total Rp677.2 trillion: Minister Indrawati

Total costs incurred by the government to tackle the COVID-19 pandemic in Indonesia reached Rp677.2 trillion, according ...

Indonesia's budget deficit reaches Rp74.5 trillion

Indonesia's budget deficit in the year ending April 30, 2020 reached Rp74.5 trillion, accounting for 0.44 percent ...

Labor-intensive program to help maintain rural economic growth

Expansion of the labor-intensive program is projected to compensate for the impact of economic slowdown in rural areas ...

Economist envisages 2020 tax revenue to touch Rp1,223.2 trillion

Research Coordinator at Danny Darussalam Tax Center (DDTC) Denny Vissaro has projected this year’s tax revenue to ...

Realized state spending in 2020 first quarter reaches Rp462.4 trillion

The realized state spending in the first quarter of 2020 reached Rp462.4 trillion, constituting 17.8 percent of the ...

President Jokowi warns of a possible global economic recession

President Joko Widodo (Jokowi) has appealed to ministers and regional leaders to formulate measures to stave off the ...