#contraction

Collection of contraction news, found 347 news.

Kadin calls to strengthen financial system for economic recovery

The Indonesian Chamber of Commerce and Industry (Kadin) has encouraged the government's efforts to strengthen the ...

Rupiah weakens prior to end of PSBB transitional period

The Indonesian rupiah weakened against the US dollar in the Jakarta interbank market on Wednesday prior to the end of ...

Efforts for economic revival to focus on four areas: Minister

Minister of Research and Technology (Menristek), Bambang PS Brodjonegoro, has said efforts to revive the Indonesian ...

Finance minister stresses on hard work to attain zero-percent growth

Finance Minister Sri Mulyani Indrawati stressed on hard work to record zero-percent economic growth in the third ...

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 ...

Jokowi highlights hub, super hub ambitions for RI's eight airports

- that have the potential to become the hub and super hub," President Jokowi stated during a limited meeting on ...