#purchasing power

Collection of purchasing power news, found 952 news.

Jokowi urges officials to ramp up cash-funded labor intensive programs

President Joko Widodo (Jokowi) has urged officials in the regions to add more labor-intensive programs, financed in ...

Jokowi to announce steps to mitigate economic impact of COVID-19

President Joko Widodo (Jokowi) affirmed that in the near future, he would announce steps to mitigate the economic ...

Central, local governments must reallocate budget for corona handling

President Joko Widodo (Jokowi) has given instructions to central and local governments to curtail budget allocation for ...

Budget deficit of 2.5 percent of GDP relevant to times

The policy to widen the budget deficit to 2.5 percent of the national gross domestic product (GDP) is relevant to the ...

Govt sets aside Rp160 tln budget stimulus to tackle COVID-19 fallout

The Indonesian government has apportioned Rp160 trillion in budget funding to mitigate the impact of coronavirus ...

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Indonesia to tap domestic market, investment to tackle COVID-19 impact

The Coronavirus (COVID-19) outbreak hitting China, the world’s second-largest economy, since January-end 2020 has ...

All countries compete to draw foreign investment: Jokowi

President Joko Widodo (Jokowi) pointed to the competition among countries in the world, including Indonesia, to attract ...

Indonesia's trade balance records $0.86 billion deficit

Indonesia's trade balance recorded a US$0.86 billion deficit in January 2020, up from $0.06 billion one month ...

Domestic demand remains good in January 2020: BI

Bank Indonesia (BI) opined that a rise in the country's trade balance in January 2020 as compared to a month ...

Government planning various measures to protect economic performance

The Indonesian government is initiating several measures to protect the country’s economic performance from the ...

Indonesia's first-quarter economic growth projected at five percent

Mari Elka Pangestu, newly appointed World Bank's managing director of development policy and partnerships, projects ...

Jokowi urges ministries to accelerate budget realization

President Joko Widodo (Jokowi) has urged ministries and institutions to accelerate budget realization to be able to ...

Indonesia seeks to substitute raw materials imported from China

Following the deadly coronavirus outbreak, Indonesia will seek to substitute imports of industrial raw materials, of ...

Spokesman believes omnibus law on job creation will spur economy

Presidential spokesman Fadjroel Rachman opined that the omnibus law on job creation is projected to boost ...

Government optimistic Indonesia's economy will remain strong

The government is optimistic that Indonesia's economy will remain strong even though the International Monetary ...