#budget deficit

Collection of budget deficit news, found 447 news.

Government spending becomes backbone of Indonesian economy: official

Deputy Finance Minister Suahasil Nazara stressed that government spending in the state budgets (APBN) and regional ...

Finance Ministry to chase tax revenue target despite COVID-19

The Finance Ministry will pursue the realization of the tax revenue target, set at Rp1,198.8 trillion, despite ...

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, ...

Budget deficit reaches 3.05 percent of GDP until August 2020

Indonesia's budget deficit, in the year ending August 31, 2020, reached Rp500.5 trillion, or 3.05 percent of the ...

Pandjaitan optimistic of Sovereign Wealth Fund kicking off next month

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan is upbeat about the Sovereign Wealth ...

Government increases 2021 state budget deficit to 5.7 percent

The government has raised the 2021 state budget deficit by 0.2 percent to 5.7 percent of the national gross domestic ...

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 ...