#fiscal

Collection of fiscal news, found 365 news.

Government readies compensation scheme to boost geothermal investment

The Energy and Mineral Resources Ministry has readied a compensation scheme in the form of reimbursement for ...

Construction of roads near Indonesia-Malaysia border to continue: govt

Lawas (Sarawak, Malaysia) roads spanning 8.5 km of the planned 198.71-km-long roads; Malinau - Mensalong - Tau Lumbis ...

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 ...

MSMEs proposing loan guarantees reach Rp31 trillion

Finance Ministry's Fiscal Policy Agency (BKF) noted that the Micro, Small, and Medium Enterprises (MSMEs) that ...

President calls for accountable, precise handling of COVID-19 funds

President Joko Widodo has urged ministers and heads of state institutions to utilize the budgeted Rp695.2 trillion for ...

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 ...

Indonesia should usher in three reforms for economic restoration: WB

World Bank (WB) Indonesia Country Director Satu Kahkonen recommended Indonesia to take three steps for reform to ...

Analog Devices announces combination with Maxim Integrated, strengthening analog semiconductor leadership

- Analog Devices, Inc. (Nasdaq: ADI) and Maxim Integrated Products, Inc. (Nasdaq: MXIM) today announced that they have ...

Ministry confirms Rp1.9 trillion for health workers' incentives

The Ministry of Health revealed that budget amounting to Rp1.9 trillion was allotted for offering incentives to health ...

COVID-19 crisis to deepen economic slump in APEC: report

The economic contraction from the coronavirus pandemic in the APEC region is expected to be deeper than previously ...

News Focus

Timely budget spending crucial for economic recovery amid COVID-19

President Joko Widodo (Jokowi) delivered a strong rebuke to ministers and leaders of state institutions over the slow ...

Synergy instrumental in boosting budget absorption in health sector

The Ministry of Finance has intensified coordination and synergy with relevant ministries and institutions to spur ...

Government must play greater role in times of uncertainty: minister

The government had to play a bigger role in uncertain times since the novel coronavirus disease (COVID-19) outbreak ...

COVID-19 handling costs equivalent to 4.2 percent of GDP: Minister

Costs borne by Indonesia’s government to handle the COVID-19 pandemic and subsequent impact, through the economic ...