#state budget deficit

Collection of state budget deficit news, found 152 news.

BKPM targets budget absorption above 95% in 2020

The Investment Coordinating Board (BKPM) is aiming to realize budget absorption of above 95 percent by the end of ...

Jan-July 2020 state budget deficit totaled 2.01 percent of GDP

Finance Minister Sri Mulyani Indrawati noted that the 2020 State Budget (APBN) deficit during the period from January ...

Need policy to relax deficit ceiling of 3% of GDP: Jokowi

President Joko Widodo has said the government still needs to draft a policy to relax the state budget deficit ceiling ...

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 ...

Indonesian govt raises budget deficit to 6.34 percent of GDP

The Indonesian Government widened the state budget deficit to 6.34 percent of the gross domestic product (GDP), or ...

Jokowi calls to conduct economic recovery prudently

President Joko Widodo (Jokowi) laid weightage on conducting Indonesia's economic recovery in a prudent, ...

Economist envisages 2020 tax revenue to touch Rp1,223.2 trillion

Research Coordinator at Danny Darussalam Tax Center (DDTC) Denny Vissaro has projected this year’s tax revenue to ...

Ministry asked to launch labor-intensive program for tourism workers

President Joko Widodo (Jokowi) has instructed the tourism and creative economy minister to launch a labor-intensive ...

Indonesia's economy estimated to grow at 4.5-5.5 percent in 2021

The government has projected Indonesia’s economy in 2021 to grow in the range of 4.5 to 5.5 percent, with ...

COVID-19 fallout: Indonesia increases budget spending by $24.8 billion

Indonesia has decided to increase the state budgetary spending for 2020 by Rp405.1 trillion (US$24.8 billion) to deal ...

Minister forecasts budget deficit to reach 2.2-2.5 percent of GDP

Indonesia's state budget deficit is expected to reach a range of 2.2 to 2.5 percent of the Gross Domestic Product ...

2020 budget deficit can potentially widen amid global uncertainty

Finance Minister Sri Mulyani Indrawati has forecast that Indonesia’s 2020 state budget deficit will potentially ...

Indonesia posted Rp36 trillion budget deficit for January

Indonesia's state budget deficit reached Rp36.1 trillion, or 0.21 percent, of the national gross domestic product ...

Indonesia's financial system remains stable despite global turmoil

Finance Minister Sri Mulyani Indrawati pointed to Indonesia's financial system remaining under control in the ...