#contraction

Economic liquidity or money circulation in broad terms (M2) grew in December 2020 to Rp6,900 trillion, or rose by 12.4 ...

Industry Minister Agus Gumiwang Kartasasmita highlighted the COVID-19 mass vaccination program and enactment of Law No. ...

Indonesia's tax receipts fell 19.7 percent to Rp1,070 trillion in 2020 from Rp1,332.7 trillion in 2019 due to the ...

The realization of tax revenue contracted 19.7 percent to Rp1,070 trillion as of December 31, 2020 from Rp1,332.7 ...

Minister of Finance Sri Mulyani Indrawati said that state spending grew 12.2 percent (yoy) to Rp2,589.9 ...

Indonesia’s budget deficit in the year ending December 31, 2020 reached Rp956.3 trillion, or 6.09 percent of the ...

As of December 31, 2020, state revenue realization reached Rp1,633.6 trillion, or 96.1 percent of the revised state ...

The administration of COVID-19 vaccines would help Indonesia achieve its economic growth target of 5 percent for 2021, ...

The Central Statistics Agency (BPS) reported inflation in processed soy products -- tofu and tempe -- in December 2020 ...

The government has increased the ceiling for the microcredit program (KUR) for 2021 to Rp253 trillion from the ...

The Industry Ministry has forecast investment in the processing industry to reach Rp323.56 trillion in 2021 based on ...

Finance Minister Sri Mulyani Indrawati again revised the projection for Indonesia's overall economic growth in 2020 ...

Indonesia needs solid public health and economic policies to recover from the impact of the COVID-19 pandemic, World ...

Budget realization under the COVID-19 Handling and National Economic Recovery (PC-PEN) Program, as of December 14, had ...

Government spending will remain the main support for national economic growth amid efforts for recovery, particularly ...