#down 5 percent

Collection of down 5 percent news, found 3.264 news.

BKPM targets budget absorption above 95% in 2020

The Investment Coordinating Board (BKPM) is aiming to realize budget absorption of above 95 percent by the end of ...

Economist foresees potential economic rebound in Indonesia in mid-2021

Indonesia's economy could recover at the latest by mid-2021 owing to the discovery of the COVID-19 vaccine in early ...

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 ...

IHSG sees correction as investors book profits

The Jakarta Composite Share Price Index (IHSG) closed lower on Wednesday evening due to profit-taking by ...

BNI posts Rp4.46 trillion net profit

State-owned lender Bank Negara Indonesia (BNI) posted a net profit of Rp4.46 trillion in the first half of 2020 owing ...

Government targets Rp26.1 trillion of dividend receipts from SOEs

The Indonesian government has outlined the target of dividend receipts from state-owned enterprises (SOEs) in the draft ...

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 ...

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 ...

Jokowi sets 4.5-5.5 percent economic growth target range in 2021

President Joko Widodo (Jokowi) has set a target range of 4.5-5.5 percent for Indonesia's economic growth rate in ...

Government prepared to face recession: Minister Pandjaitan

Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan echoed the government’s readiness ...

Indonesia's foreign debts reach US$408.6 billion in Q2

Indonesia's foreign debts stood at US$408.6 billion in the second quarter of 2020, comprising US$199.3 billion from ...