#budget deficit

Collection of budget deficit news, found 426 news.

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 ...

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 ...

Economic recovery hinges on COVID-19 vaccine: Finance Minister

Finance Minister Sri Mulyani Indrawati has stressed that national economic recovery would largely depend on the ...

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 ...

Pandemic can provide momentum for reform : Finance Minister

Indonesia’s Minister of Finance, Sri Mulyani Indrawati, has said the COVID-19 pandemic could provide momentum for ...

President expects tax incentives to boost investment

President Joko Widodo (Jokowi) on Friday said he expected accurate and measurable tax incentives to improve the ...

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 ...

Govt allocates Rp356.5 trillion to support national economic recovery

The Indonesian government has allocated Rp356.5 trillion in the 2021 draft state budget (RAPBN) to support the national ...

Rp796.3-trillion allocation in 2021 for transfers to village funds

The government plans to allocate a budget of Rp796.3 trillion for transfers to the regions and village funds (TKDD) in ...

Govt sees budget deficit at 5.5% of GDP in 2021

President Joko Widodo (Jokowi) on Friday said the government expects the budget deficit in 2021 to touch 5.5 percent of ...

News Focus

Endeavoring for a balance between COVID-19 handling, economy recovery

President Joko Widodo (Jokowi) opined that handling of the coronavirus disease (COVID-19) pandemic must be conducted ...

Government to expand 2021 budget deficit to 5.2% of GDP

The government plans to expand budget deficit in the state budget plan (RAPBN) 2021 to 5.2 percent of the gross ...

Macroeconomic assumptions in 2021 draft state budget remain optimistic

Macroeconomic assumptions in the 2021 draft state budget would remain optimistic but correspondingly realistic, given ...

President monitoring financial management of ministries

President Joko Widodo on Monday stressed that he would monitor the improvements and breakthroughs made by each ministry ...