Jokowi Introduces Expansive 2022 Budget Bill, Promises Reform to Overcome Prolonged Pandemic, Uneven Global Recovery

... 4.5 percent this year. Inflation would remain low at 3 ... sources. Due to depleted wells, Indonesia's oil and gas production ... he would like to see Indonesia's development index improving to ... economy next year. Still, the Indonesia Democratic Party of Struggle (PDI ...

What’s Next for the Emerging Market Recovery?

... —demand, sentiment, and inflation. Still-Robust Demand Our ... term potential. Rising Inflation Risk? Inflation concerns in the United ... concerns around: Higher inflation An extended transitory period ... emerging markets such as Indonesia with twin deficits in ...

Inflation Picks Up to Fastest Pace in Three Months Ahead of Idul Fitri

Jakarta. Indonesia has seen inflation accelerated to its fastest pace ... [/embed] April's inflation came short of Bank Indonesia's projection. The ... months now. Tame inflation should have allowed Bank Indonesia to cut the ...

Banks Need to Step Up as BI Runs Out Options to Spur Recovery

... market uncertainty despite projected low inflation." For Joseph Incalcaterra, an economist ... Bank Mandiri, Bank Rakyat Indonesia, Bank Negara Indonesia, and Bank Tabungan Negara ... banks to spur recovery. Bank Indonesia revised national economic growth for ...

Indonesia's Manufacturing Books Decade-High Jump

Jakarta. Indonesia's key manufacturing sector ... to appear. The IHS Markit Indonesia Manufacturing Purchasing Managers' Index ... any time," Harker said. Indonesia has seen daily new Covid ... global trade. Manufacturers also faced inflation in input costs, which ...

BI Bets on Record Low Rate, Zero Down Payment to Woo Consumers to Spend

... is consistent with projected low inflation and maintained exchange rate stability ... Warjiyo said on Thursday. Indonesia's annual inflation rate slowed down in ... national economic recovery while controlling inflation and maintaining rupiah exchange rate ...

Gov't Moves to Address Lingering Demand Weakness as Trade Data Underwhelm

... data reflected January's low inflation rate, which suggested lethargic ... tourism management company Pengembangan Pariwisata Indonesia, or Indonesia Tourism Development Corporation (ITDC ... ), port operator Pelabuhan Indonesia (Pelindo) II and industrial ...

Inflation Slows Down in January as Demand Remains Lethargic

Jakarta. Inflation in Indonesia has slowed down to ... November. The annual core inflation, which excludes volatile food ... against the pandemic. Bank Indonesia, the country's central ... items' production and distribution as Indonesia entered wet seasons. However, ...

BI Will Continue Its Gov't Bond Buying Program Through 2021

... by its abbreviation. Bank Indonesia has extended an agreement ... policy due to Indonesia's historic low inflation amid low demand ... figure was the lowest inflation rate since the Central Statistics ... , said synergy between Bank Indonesia and Finance Ministry, the ...

Bank Indonesia Eyes 9% Loan Growth in 2021, Pledges to Keep Interest Low

... . Other indicators also show improvement. Inflation rose slightly to 1.59 ... appear," Perry said. Third, Bank Indonesia would continue purchasing government bonds ... that credit expansion accelerates. Bank Indonesia has identified six priority sectors ...