#macroeconomic

Collection of macroeconomic news, found 49 news.

Govt seeks to shrink number of state bank commissioners

President Prabowo Subianto has pushed for prioritizing quality over quantity in the selection of commissioners for ...

Higher-for-longer interest rate to maintain stability amid turmoil: BI

The policy of higher interest rates in the long term, or "higher for longer," is needed to maintain domestic ...

Indonesia's forex reserves fall to US$130.8 billion in September

Indonesia's foreign exchange reserves fell to US$130.8 billion in September 2022, from US$132.2 billion a month ...

Jokowi hands over BSU to BPJAMSOSTEK participants in Ternate

President Joko Widodo symbolically handed over wage subsidy assistance (BSU) to 3,928 workers participating in the ...

Capital outflow reaches US$600 million through late 3rd quarter: BI

Bank Indonesia (BI) recorded a net capital outflow of US$600 million, in the form of portfolio investment in the ...

BI projects better prospects of economic recovery in 2022

Governor of Bank Indonesia (BI) Perry Warjiyo forecasts better prospects of economic recovery in 2022 as compared to ...

Indonesia's G20 presidency activities start on December 7 and 8

Activities under Indonesia's G20 Presidency will start on December 7 and 8, 2021 with the first Sherpas' ...

Fitch affirms Indonesia's credit rating with stable outlook

Credit rating agency Fitch affirmed Indonesia’s sovereign credit rating at BBB (investment grade) with a stable ...

BI to maintain benchmark interest rate at 3.5 percent: Governor

Bank Indonesia (BI) decided to maintain the benchmark interest rate, or the BI 7-Day Reverse Repo Rate (BI7DRR), at 3.5 ...

G20 notably contributes to tackling global challenges: Minister

The G20 forum offers a noteworthy contribution in setting a standard and resolving global economic challenges, Finance ...

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 ...

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 ...

Macroeconomic assumptions in 2021 draft state budget remain optimistic

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

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's forex reserves soar to US$131.7 billion in June-end

Bank Indonesia recorded Indonesia's foreign exchange reserves to reach US$131.7 billion at the end of June 2020, an ...