Bank Indonesia Cuts Interest Rate, Eyes More by Year End

... maintained external stability including low current account deficit and the need to support ... months of imports. The current account deficit would narrow to 1.5 ... lower current account deficit, competitive asset returns in the domestic market, and Indonesia's ...

Rupiah Set to Return to Pre-Pandemic Level: Bank Indonesia

... inflation, narrowing current account deficit and increasing foreign capital inflow. Bank Indonesia (BI) ... the US dollar. Meanwhile, Indonesia's current account deficit has narrowed to $3 ... continues to come in to Indonesia, particularly from investors interested ...

Indonesia Posts Trade Surplus Again in March

... . "The main commodities exported from Indonesia to China include mineral fuels ... to $2.98 billion, Suhariyanto. Indonesia mostly shipped in transmission apparatus ... central bank, said earlier that Indonesia's current account deficit — a broader measure which ...

Gov't to Reallocate Up to $1.79b From State Budget for Covid-19 Relief

... Covid-19 outbreak in Indonesia are accommodation, transportation, ... the potential to increase Indonesia's current account deficit this year, partially ... up 13 percent of Indonesia's total international visitors. ... reduced by one percent, Indonesia's would also be ...

Indonesia's Automotive Export Shows Growth

... Kartasasmita said on Thursday that Indonesia's vehicle exports have been ... continuing global uncertainties and a current account deficit experienced by the government. Production ... government reduce the trade balance deficit by increasing exports, and at ...

Indonesia Expects Delay in China's Key Train, Mining Projects

... now," Luhut said. Indonesia exported $8 billion worth ... export and reduce its current account deficit which amounted to $ ... current account deficit would have decreased significantly by 2023," Luhut said. Bank Indonesia ... be lost if Indonesia continued to close ...

Indonesian Economy Resilient and Strong: Chief Economy Minister

... farmworkers, which account for 29 percent of Indonesia's workforce ... level in 2019. "Our current account deficit was under control at $ ... outbreak," Airlangga said. Indonesia has banned all travelers ... , the minister said, Indonesia was quite fortunate because the ...

Jokowi Says EU Palm Oil Restrictions Are 'Act of Trade War'

... Widodo tweeted on Saturday. "Indonesia has 13 million hectares of ... oil as "unsustainable material." Indonesia – the world's top ... five years, its current account is still in deficit. "We can't ... Trade Organization (WTO) against Indonesia for banning nickel ore ...

Indonesia Receives $16b Foreign Capital in 2019

... announced on Friday. Bank Indonesia also confirmed the rupiah ... in 2019 and expected Indonesia's foreign reserves would ... month. Bank Indonesia Governor Perry Warjiyo said Indonesia's foreign ... the same period, the current account deficit was minus $7.7 billion ...

Jokowi Launches B-30, Upgraded Biofuel Program to Save $4.5b in Foreign Reserves

... president said would significantly reduce Indonesia's reliance on fossil fuel ... amount that will ease our current account deficit," Jokowi said at the launch ... on oil imports. He said Indonesia is the world's largest ...