#subsidy

Collection of subsidy news, found 1.242 news.

BI maintains reference rate at 7.75 percent

Bank Indonesias (BI) board of governors decided to keep its reference rate at 7.75 percent, while the Lending Facility ...

BI predicts downward trend in economic growth

Bank Indonesia (BI) has forecast that the countrys economic growth in 2015 will show a downward trend, even lower than ...

Pertamax consumption up by 137 percent after fuel price hikes

Consumption of non-subsidized gasoline pertamax has increased by some 137 percent since the subsidized fuel price ...

BI to help curb 2014 inflation at 7.7 percent

The countrys central bank, Bank Indonesia (BI) announced its plan to curb inflation in 2014 at 7.7 percent or at the ...

Govt to reduce budget deficit to below two percent

The government aims to curtail the deficit in the 2015 revised budget to below two percent of the gross domestic ...

Fuel price hike to encourage foreign investment: Ex finance minister

The recent rise in the prices of subsidized fuels will indirectly encourage foreign investors to invest in Indonesia, ...

Too early to judge Indonesian government performance: Observer

Political observer Boni Hargens said it is too early to give a good or bad mark for the new government of Joko Widodo ...

Legislators proceed with attempt to question president

The governments decision to raise the prices of subsidized fuels when the world crude price is on the decline has led ...

Government to repair irrigation for 3 million hectares of farm lands

Agriculture Minister Amran Sulaiman said the government will repair irrigation system for 3 million hectares of farm ...

Fiscal room to be wider in 2015: Finance minister

Finance minister Bambang Brodjonegoro said fiscal room in 2015 would be wider because the government would boost tax ...

Senior minister hopes Organda to cancel nationwide strike

Coordinating Minister for Economic Affairs Sofyan Djalil will communicate with the Organization of Land Transportation ...

Finance minister optimistic 5.8 percent growth achievable

Finance Minister Bambang Brodjonegoro said the country can achieve the 5.8 percent growth target set in the 2015 ...

Indonesian govt must divert fuel subsidy transparently: Analyst

The decision to hike the prices of subsidized fuels can win public support if the government promises to divert the ...

Bank Indonesia increases BI rate to offset fuel price hike

Reacting to the subsidized fuel price hike, Bank Indonesia decided Tuesday to increase the BI Rate by 25 bps to 7.75 ...

Subsidized fuel price hike will revive economic condition: Indonesian chamber

The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Suryo Bambang Sulisto, said that the ...