#deficit

Collection of deficit news, found 1.774 news.

Indonesia records $9.2-bln balance of payments surplus in Q2

Indonesia recorded a surplus of US$9.2 billion in its balance of payments in the second quarter of 2020 after ...

Indonesia posts US$3.26 billion trade surplus for July 2020

Indonesia recorded a trade surplus of US$3.26 billion in July 2020, as exports improved to $13.73 billion and imports ...

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 ...

President expects tax incentives to boost investment

President Joko Widodo (Jokowi) on Friday said he expected accurate and measurable tax incentives to improve the ...

Need policy to relax deficit ceiling of 3% of GDP: Jokowi

President Joko Widodo has said the government still needs to draft a policy to relax the state budget deficit ceiling ...

Govt allocates Rp356.5 trillion to support national economic recovery

The Indonesian government has allocated Rp356.5 trillion in the 2021 draft state budget (RAPBN) to support the national ...

Rp796.3-trillion allocation in 2021 for transfers to village funds

The government plans to allocate a budget of Rp796.3 trillion for transfers to the regions and village funds (TKDD) in ...

Govt sees budget deficit at 5.5% of GDP in 2021

President Joko Widodo (Jokowi) on Friday said the government expects the budget deficit in 2021 to touch 5.5 percent of ...

Annual Speech

Jokowi highlights Indonesia's efforts to attain energy autonomy

President Joko Widodo (Jokowi) pointed to Indonesia’s massive endeavors, including through the production of ...

News Focus

Endeavoring for a balance between COVID-19 handling, economy recovery

President Joko Widodo (Jokowi) opined that handling of the coronavirus disease (COVID-19) pandemic must be conducted ...

Govt to focus spending on food security, ICT next year: minister

Indonesia’s state budget for next year will focus spending on three prioritized sectors — food security, ...

Government to expand 2021 budget deficit to 5.2% of GDP

The government plans to expand budget deficit in the state budget plan (RAPBN) 2021 to 5.2 percent of the gross ...

Macroeconomic assumptions in 2021 draft state budget remain optimistic

Macroeconomic assumptions in the 2021 draft state budget would remain optimistic but correspondingly realistic, given ...

President monitoring financial management of ministries

President Joko Widodo on Monday stressed that he would monitor the improvements and breakthroughs made by each ministry ...

Government prepares national economic recovery for 2021

The government, through the Fiscal Policy Agency (BKF) of the Ministry of Finance, is preparing the National Economic ...