#contraction

Collection of contraction news, found 347 news.

Economic contraction of 0.6-0.9 percent to continue in 2021: Minister

National Development Planning Minister Suharso Monoarfa has projected Indonesia's economy to contract 0.6-0.9 ...

Minister sanguine of nation clocking positive economic growth in Q2

Coordinating Economic Affairs Minister Airlangga Hartarto is upbeat about economic growth reaching 6.9 to 7.8 percent ...

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Indonesia's halal industry gains momentum amid pandemic

Indonesia, the world's most populous Muslim-majority nation, is focusing on developing its halal industry to meet ...

Financial system stability maintained in 2020 pressure: BI

The Financial Stability Review Book (KSK) Number 36, issued by Bank Indonesia (BI), concluded that stability of ...

Amin highlights spike in halal product sales during mudik ban

Vice President Ma'ruf Amin pointed to a rise in the online sales of halal products during the Eid al-Fitr mudik ...

Indonesia's first-quarter budget deficit at 0.82% of GDP

Indonesia’s budget deficit in the first quarter of 2021 reached Rp144.2 trillion, or 0.82 percent of the national ...

State revenue up 0.6% on-year in Q1: deputy minister

Deputy Minister of Finance, Suahasil Nazara, has reported that Indonesia's state revenues grew 0.6 percent in the ...

Indonesia committed to intensifying cooperative relations with Korea

The Indonesian government remains committed to boosting cooperative relations with Korea through the Indonesia-Korea ...

Indonesian economy to grow by 8% in second quarter: ministry

A Finance Ministry official has projected that Indonesia's economy will grow by around 7-8 percent in the second ...

Jokowi observes mass vaccinations conducted for BEI, bank officers

President of the Republic of Indonesia Joko Widodo (Jokowi) witnessed the mass vaccinations conducted for banking and ...

US stimulus to have positive impact on Indonesia's economy: BI

The US$1.9-million US fiscal stimulus, taking effect since March 17, 2021, would have a positive impact on ...

2021 challenges all to expedite economic recovery: minister

- continue to work together, not only to restore the economy but also to make the national economy ...

Indonesia can clock seven-percent economic growth in Q3: Ministry

The Finance Ministry has projected Indonesia's economy to grow by up to seven percent in the third quarter (Q3) of ...

State spending increased 1.2 percent as of February 2021: Mulyani

Minister of Finance (Menkeu) Sri Mulyani Indrawati highlighted a growth of 1.2 percent year-on-year (yoy) in state ...

BI envisions economy in 2021 first-quarter to grow stronger

Bank Indonesia (BI) projects the country’s economy in the first quarter of 2021 to grow stronger and perform ...