#budget deficit

Collection of budget deficit news, found 426 news.

Government prepares national economic recovery for 2021

The government, through the Fiscal Policy Agency (BKF) of the Ministry of Finance, is preparing the National Economic ...

Government must play greater role in times of uncertainty: minister

The government had to play a bigger role in uncertain times since the novel coronavirus disease (COVID-19) outbreak ...

Global economic crisis is real: Indonesian President Jokowi

Indonesian President Joko Widodo (Jokowi) spoke of being informed of the global economic crisis being a real challenge, ...

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 ...

President seeks accountability for management of COVID-19 budget

President Joko Widodo (Jokowi) has laid emphasis on accountable and transparent management of the budget totaling ...

Indonesian govt raises budget deficit to 6.34 percent of GDP

The Indonesian Government widened the state budget deficit to 6.34 percent of the gross domestic product (GDP), or ...

Jokowi calls to conduct economic recovery prudently

President Joko Widodo (Jokowi) laid weightage on conducting Indonesia's economic recovery in a prudent, ...

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 ...

IsDB provides emergency funds to mitigate economic brunt of COVID-19

Finance Minister Sri Mulyani Indrawati echoed the Islamic Development Bank's (IsDB's) readiness to furnish ...

BKF estimates continuing oil price slump could widen budget deficit

The Finance Ministry's Fiscal Policy Agency (BKF) has projected that the continuing drop in global oil prices could ...

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 ...

Ministry asked to launch labor-intensive program for tourism workers

President Joko Widodo (Jokowi) has instructed the tourism and creative economy minister to launch a labor-intensive ...

Indonesia's economy estimated to grow at 4.5-5.5 percent in 2021

The government has projected Indonesia’s economy in 2021 to grow in the range of 4.5 to 5.5 percent, with ...

COVID-19 fallout: Indonesia increases budget spending by $24.8 billion

Indonesia has decided to increase the state budgetary spending for 2020 by Rp405.1 trillion (US$24.8 billion) to deal ...

Support state budget reallocations for COVID-19 handling: BKP

Indonesia's Supreme Audit Agency (BPK) has voiced its support for the government’s plan to reallocate state ...