#budget deficit

Collection of budget deficit news, found 447 news.

Indonesia economic contraction moderate: Finance Minister

Indonesia’s economic contraction of 2.07 percent (year-on-year) in 2020 was relatively moderate compared to other ...

Economic recovery trend to continue in 2021: finance ministry

The Finance Ministry has forecast that the positive trend in economic recovery seen in the fourth quarter of 2020 will ...

BPPT exhorts government to accelerate development of biofuel

The Agency for the Assessment and Application of Technology (BPPT) pressed for the government to speed up the ...

Govt optimistic of 5% growth despite large-scale social restrictions

Coordinating Economic Affairs Minister Airlangga Hartarto remained sanguine about Indonesia clocking a five-percent ...

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 ...

Indonesia ends nine-year deficit streak, posts current account surplus

Indonesia posted a current account surplus of US$1 billion in the third quarter of 2020 after suffering current account ...

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 ...

Government eyes raising Rp2 trillion from savings sukuk ST007 sale

An official of the Finance Ministry highlighted the government’s target of collecting Rp2 trillion from the sale ...

Maximize APBN use for adaptive, timely response to pandemic: minister

Finance Minister Sri Mulyani Indrawati echoed the government's focus to continue to maximize utilization of the ...

Govt allotted Rp2.6 trillion for pesantren economic recovery program

Finance Minister Sri Mulyani Indrawati drew attention to the government's allocation of Rp2.6 trillion for Islamic ...

State budget deficit reached Rp682.1 trillion until Sept : Minister

Minister of Finance Sri Mulyani Indrawati stated that the country’s deficit in the state budget (APBN) until ...

Pandemic has set new baseline for macro-fiscal policy: ministry

The COVID-19 pandemic has affected the country's macro-fiscal policy as it has established a new baseline, head of ...

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 ...

Finance Minister: ASEAN needs to intensify COVID-19 cooperation

Indonesian Finance Minister Sri Mulyani said member states of the Association of Southeast Asian Nations (ASEAN) need ...

Strike balance between health, economy while restoring public welfare

Finance Minister Sri Mulyani Indrawati highlighted the importance of the government striking a balance between health ...