#contraction

Collection of contraction news, found 348 news.

West Papua needs security guarantee to draw investors: minister

Investment Minister Bahlil Lahadalia has urged regional governments in West Papua Province to implement a healthy ...

Indonesia's manufacturing sector continues to be expansion mode: govt

Indonesia's manufacturing companies in May 2022 remained in an expansion mode as was apparent from the ...

Home Affairs Ministry opens expo to support revival of MSMEs

The Ministry of Home Affairs has opened the 2022 Indonesia Maju (Indonesia Moving Forward) Expo and Forum as a form of ...

G20 to consider food security aspect: Expert

National Coordinator of the People's Coalition for Food Sovereignty Said Abdullah urged G20 countries to consider ...

Indonesia's economic growth to remain strong: Minister Indrawati

Finance Minister Sri Mulyani Indrawati projected that Indonesia's economic growth will remain strong amid the ...

Desist from hastily absorbing state budget by year-end: Ministry

The Finance Ministry has urged to utilize the state budget prudently by forgoing the tendency to only boost budget ...

News Focus

Ensuring economic recovery does not lose steam

The Indonesian economy grew 3.69 percent in 2021 after contracting 2.07 percent in 2020, according to Statistics ...

Indonesians must file timely tax returns: VP Amin

Vice President Ma'ruf Amin has urged taxpayers to submit their annual tax returns before the deadline ends on March ...

RI's economy likely to contract 0.014% due to Russia-Ukraine conflict

The Institute for Development of Economics and Finance (Indef) has projected that the Indonesian economy will contract ...

Community mobility has affected economy amid COVID-19: BPS

Based on data collected during the COVID-19 pandemic, community mobility has greatly affected the rate of national ...

Government spent US$45.9 billion on economic recovery in 2021

The Indonesian government had spent around US$45.9 billion, or 23.6 percent of the total spending in 2021 for economic ...

Gov't eyeing more qualified economic growth to accelerate recovery

The Indonesian Government is aiming for qualified economic growth to expedite economic recovery, Minister of Finance ...

Gov't intensifies fiscal incentives to boost economy in first quarter

The government has continued to intensify various fiscal incentive policies to drive the economy in the first quarter ...

Non-oil and gas processing industry grows 3.67% in 2021

The non-oil and gas processing industry recorded a growth of 3.67 percent in 2021 after reporting a contraction of 2.52 ...

Finance Ministry projects 5.2% economic growth in 2022

The Indonesian economy is projected to grow 5.2 percent on the back of strengthening investment and exports as well as ...