#fiscal

Collection of fiscal news, found 2.140 news.

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 ...

Exports to continue to grow: Ministry of Finance

Head of the Fiscal Policy Agency of the Ministry of Finance, Febrio Kacaribu, had projected export performance to ...

New Capital Authority leader should be aware of local wisdom: senator

The New Capital Authority leader should not only be smart and determined in building infrastructure but also have ...

Gov't still needs to clear Rp23-trillion COVID treatment bill

The Indonesian government still needs to pay Rp23 trillion for the treatment of COVID-19 patients in 2021, Finance ...

Travel bubble encourages economic growth in tourist areas: BKF

Finance Ministry's Fiscal Policy Agency (BKF) Head Febrio Kacaribu stated that the travel bubble policy implemented ...

APEC GDP growth moderates to 5.8% in 2021: report

The APEC region’s economic growth moderated to 5.8 percent in 2021 due to the emergence of new COVID-19 variants ...

Omicron not expected to significantly affect economy: BI

Bank Indonesia (BI) Governor Perry Warjiyo on Thursday said he is optimistic that the Omicron surge will not ...

Omicron to not significantly impact economy: BKF

Head of Finance Ministry's Fiscal Policy Agency (BKF) Febrio Kacaribu has estimated that the economic impact of the ...

Voluntary disclosure program supports fiscal consolidation: Minister

Voluntary disclosure program (PPS) is the government's measure to support the creation of fiscal consolidation in ...

Indonesia's budget deficit projected to approach four percent in 2022

State budget deficit in 2022 is forecast to approach four percent, lower than the targeted 4.85 percent of the gross ...

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 ...

News Focus

Despite challenges, strong economic recovery appears on track

Indonesia's economy managed to grow 5.02 percent (yoy) in the fourth quarter (Q4) of 2021, indicating a ...

NVIDIA and SoftBank Group announce termination of NVIDIA’s acquisition of Arm Limited

NVIDIA (NASDAQ: NVDA) and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the ...

Economic growth in Q4 2021 driven by industrial recovery: Hartarto

The economic growth of 5.02 percent recorded in the fourth quarter of 2021 was driven by a recovery in the industrial ...

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 ...