Indonesia's Foreign Reserves Hit Record High at $135b

... bonds, data from Bank Indonesia, the country central bank ... its reserve. "Bank Indonesia considers the foreign exchange ... "Going forward, Bank Indonesia views that foreign exchange reserves ... stability and a maintained economic outlook, along with various policy ...

Bank Indonesia Cuts Interest Rate, Eyes More by Year End

... . The move came after Indonesia Indonesia posted a 2.19 percent ... . Improving Economy BI projected Indonesia's gross domestic product ... far below the previous outlook at 2.5 percent to ... to strengthen and support the economic recovery. "Strengthening potential is ...

Indonesia Bound for U-Shaped Recovery: Report

... from the Organization for Economic Cooperation and Development (OECD ... The multilateral organization estimated Indonesia's gross domestic product ... report said. The outlook was the most condemning ... restructuring. While lauding Indonesia's "swift and substantial ...

Foreign Investors' Return Boosts Indonesia's Exchange Reserves

... of imports," Onny Widjanarko, Bank Indonesia's (BI) executive director ... financial sector stable and its economic outlook favorable. According to the ... inflow began to enter Indonesia's bond market in ... brought in capital inflow to Indonesia of $546 million in ...

Second Revision to State Budget Expected as Gov't Expands Covid-19 Relief Package

Jakarta. Indonesia's state budget ... Rp 1,463 trillion outlook. Non-tax revenues are ... trillion from the previous outlook of Rp 2,613 ... -19 mitigation and its economic recovery program. Expenses for ... 590 trillion for the economic recovery program. The Village ...

Indonesia Sees Rp 76t Deficit in Q1 Budget as Coronavirus Impact Begins to Hit

... Sri Mulyani Indrawati said. Indonesia announced its first Covid- ... social restriction] is limiting economic activities. The government also ... 't reflect the actual economic performance. Tobacco excise tax ... 't represent the overall outlook. The second quarter will ...

Indonesia Raises $4.3b From Pandemic Bonds

... shows investors' confidence in economic conditions in Indonesia and our management of ... 2018," Sri Mulyani said, mentioning Indonesia's previous dollar-denominated issuances ... -grade rating with a stable outlook, highlighting Indonesia's policy emphasis on ...

Stimulus Aimed at Avoiding Recession as Covid-19 Hits Informal Sector Hard

... assessments, we predict Indonesia's economic growth would decline to ... (KSSK), which includes Bank Indonesia – the central bank, the ... for the country's economic outlook: bad and worst-case ... this sector would undermine Indonesia's household consumption, which ...

Jokowi Says Domestic Investment Key for Growth

... key to strengthen national economic growth in a government ... The only way to boost economic growth is through investment," ... economy as the global economic outlook remains sluggish due mainly ... themed "Investment for Advanced Indonesia," was attended by cabinet ...

Japanese FM Urges Respect to Maritime Laws

... establish coast guard cooperation with Indonesia. In his special lecture, the ... key agreements including the Asean Outlook on Indo-Pacific (AOIP) which ... crucial in creating a socio-economic stability and alleviating sea disputes ...