Gov't Projects Public Debt at 37% of GDP in 2020

... amid the government's swelling spending in the Covid-19 economic ... gotten rid of the state budget deficit cap of 3 percent ...

Indonesia Allocates $2.8b for Covid-19 Vaccine

... 8 billion in multi-year budget for the development, production and ... Hartarto said on Monday the budget will support the Merah Putih ... The Rp 40.8 trillion budget will also finance the import ... 37 trillion for multi-year spending on vaccine,” Airlangga said after ...

Indonesia Has a Month Left to Prevent Recession

... urged governors to speed up spending and to order district heads ... national average of provincial government spending reached only 44 percent, while ... 48.8 percent of their budget,” Jokowi said. Only three provinces ...

Gov't Starts $4.5b Cash Transfers for Workers, Small Business Owners Ahead of Schedule

... moving ahead of schedule in spending the government's economic ... a ministerial decree and [the budget implementation list] so starting ... directly to prop up customers' spending, just days after President ... initial Rp 33.1 trillion budget. The government bank on ...

Jokowi Unveils $186b Budget, Focuses Recovery Efforts on IT, Healthcare, Food Security

... to accelerate recovery with spending on the country' ... president latest budget bill set a record spending at Rp ... tax revenue and raised spending for economic stimulus. [ ... budget bill to the House of Representatives on Friday. "Therefore, infrastructure spending ...

Students and Teachers to Receive Internet Subsidy for Online Classes

... by cellular operators. Unfortunately, the budget was unable to cover everyone ... . Once the adjustments in the spending plan (DIPA) are complete, both ...

President Criticizes Ministers again for Little Budget Spending

... the incredibly low Covid-19 budget realization. According to the ... of the budget is still lacking details of spending plan, known ... no plan, how can the spending be materialized?” he said. ... criticize the sluggish Covid-19 budget absorption. Last week, the ...

Indonesia Keeps Deficit High in 2021 as Covid-19 Uncertainties Persist

... ($12.2 billion) in spending for food security, telecommunication, ... internet connection. Lastly, spending on education and health ... of the state budget, while healthcare spending must reach 5 ... percent of the annual budget. ...

Wrong to Use China as Scapegoat for Covid-19

... . It had unleashed a global spending spree, enticing nations with hundreds ... the largest chunk of its budget on debt servicing, began a ...

As Money Printer Goes Brrr, The Onus Is Now on Bureaucrats to Spend

... progress of the ministries state budget spending. The economic-first president ... in June. The additional spending, coupled with lower tax ... stimuli for healthcare. This spending includes the bonuses Jokowi ... part of the stimulus spending, which earmarked for the ...