#contraction

Collection of contraction news, found 40 news.

RI's economic projection among the highest in ASEAN, G20 countries

Finance Minister Sri Mulyani stated that Indonesia's economic projections are one of the highest among ASEAN and ...

Govt to speed up KUR disbursement to maintain economic growth

The Ministry of Cooperatives and Small and Medium Enterprises (SMEs) will accelerate the disbursement of low-interest ...

Finance minister believes fiscal instruments can sustain slowdown

The state budget (APBN), as a fiscal instrument, can help in sustaining an economic slowdown in 2023, according to ...

State expenditure grew 0.8 percent to Rp2,058 trillion in October

State expenditure during the January-October 2021 period reached Rp2,058.9 trillion (US$144.93 billion), or a ...

Indonesia's G20 presidency to highlight equitable economic recovery

Finance Minister Sri Mulyani Indrawati affirmed that Indonesia, during its G20 Presidency next year, will lay emphasis ...

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 ...

State spending grew by 1.3 percent until July 2020: Minister

Finance Minister Sri Mulyani Indrawati stated that until July 2020, state spending grew by 1.3 percent year-on-year ...

State revenue realization until July 2020 reached Rp922.2 trillion

Finance Minister Sri Mulyani Indrawati highlighted that the state revenue realization until July 2020 reached Rp922.2 ...

Government lowers growth forecast for 2020

The Indonesian government has revised the economic growth forecast downward for 2020 to minus 1.1-0.2 percent from ...

People's safety is highest principle of state governance: DPR speaker

House of Representatives (DPR) Speaker Puan Maharani laid emphasis on the fact that the people's safety is the ...

House of Representatives supportive of wage subsidy policy

Deputy Chairman of the House of Representatives Sufmi Dasco Ahmad has echoed support to the wage subsidy program ...

Indonesian economy in better shape than other countries: minister

Despite contracting 5.32 percent year-on-year (yoy) in the second quarter of 2020, the Indonesian economy is still in a ...

Jokowi lauds Indonesian innovations in fight against COVID-19

President Joko Widodo (Jokowi) has lauded the innovative products developed by Indonesians in the health sector with ...

Industry Minister optimistic on economic rebound in Q3 2020

Indonesia's Industry Minister Agus Gumiwang Kartasasmita said he is optimistic the economy will improve in the ...

Govt bonds to BI have Rp82.1 trillion transaction worth: government

The Finance Ministry unveiled that the four government bonds issued to Bank Indonesia (BI), under private placement, to ...