#monetary

Collection of monetary news, found 211 news.

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 ...

Indonesia's G20 presidency to highlight equitable economic recovery

Finance Minister Sri Mulyani Indrawati affirmed that Indonesia, during its G20 Presidency next year, will lay emphasis ...

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 ...

People's safety is highest principle of state governance: DPR speaker

House of Representatives (DPR) Speaker Puan Maharani laid emphasis on the fact that the people's safety is the ...

Govt bonds to BI have Rp82.1 trillion transaction worth: government

The Finance Ministry unveiled that the four government bonds issued to Bank Indonesia (BI), under private placement, to ...

Macroeconomic assumptions in 2021 draft state budget remain optimistic

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

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 ...

Government to reduce COVID-19 socio-economic burden on tourism workers

Indonesia's government has pledged to help over 17 thousand tourism workers in North Sumatra currently reeling from ...

Global economy to fully recover in 2022: former Indonesian minister

The world's economic recovery from the twin crises, encumbering several nations worldwide owing to the ongoing ...

News Focus

Balanced approach needed to battle twin health and economic crises

As its coronavirus case count crosses 50 thousand, Indonesia, which has been battling the COVID-19 pandemic since March ...

Riau's businessmen, residents warned for flouting COVID-19 protocols

Some 40 businesspersons and residents in Pekanbaru, Riau Province’s capital, received warning letters from the ...

Global economic crisis is real: Indonesian President Jokowi

Indonesian President Joko Widodo (Jokowi) spoke of being informed of the global economic crisis being a real challenge, ...

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 ...

Indrawati re-emerges as most respected minister in 2018

Finance Minister Sri Mulyani Indrawati reclaimed her earlier position of being the most respected minister in 2018 ...

Indonesia`s international investment position remains stable: BI

Indonesia`s International Investment Position (IIP) was relatively stable in the third quarter of 2018. Indonesia`s ...