# macroeconomics

Latest news group about macroeconomics.

Sri Mulyani Confirms 12% VAT Implementation on January 1

Sri Mulyani informed lawmakers that the current state budget and fiscal conditions do not support a postponement.
Business Nov 14, 2024 | 10:57 pm

Government Mulls Renewing EV and Housing Incentives to Support Middle Class

Under the previous program, house purchases valued up to Rp 2 billion ($126,794) were exempt from value-added tax (VAT).
Business Nov 4, 2024 | 9:54 am

Indonesia Needs New Boosters to Reach 8% Economic Growth

The current administration can draw lessons from the past period of consistent economic growth and adapt them to today’s conditions.
Business Oct 30, 2024 | 8:18 pm

Finance Minister Now Reports Directly to President

Previously, the finance minister, along with other economic portfolios, was overseen by the coordinating minister for economic affairs.
Business Oct 22, 2024 | 2:22 pm

Sri Mulyani to Become First Finance Minister to Serve Under Three Presidents

Sri Mulyani’s discussion with Prabowo lasted longer than those of many other candidates, as they focused extensively on the state budget.
Business Oct 15, 2024 | 3:08 am

Jokowi and Prabowo's Presence at BNI Investor Daily Summit Signals Positive Market Outlook

Never before has an economic forum in Indonesia been opened by the outgoing president and closed by the incoming president.
Business Oct 9, 2024 | 7:53 pm

Peking University Professor Draws Parallels Between Growth Strategies in Indonesia and China

Both countries have outlined ambitious timelines for becoming developed nations by their respective centennial anniversaries.
Business Oct 8, 2024 | 11:57 pm

Indonesia’s Foreign Exchange Reserves Drop to $149.9 Billion

This marked a $300 million decline compared to the $150.2 billion reserves as of end-August, Bank Indonesia announced Monday.
Business Oct 7, 2024 | 11:12 am

Five-Month Deflation Boosts Purchasing Power: Sri Mulyani

Indonesia’s core inflation, which excludes the volatile food and energy sectors, currently stands at around 2 percent.
Business Oct 4, 2024 | 3:02 pm

BNI Investor Daily Summit Set to Become Indonesia’s Largest Investment Forum

The summit takes place just days before the presidential transition from Joko Widodo to Prabowo Subianto.
Business Oct 2, 2024 | 9:29 pm

BNI Investor Daily Summit to Foster Cross-Sector Collaborations for Sustainable Growth

The summit will also cover strategies to accelerate the transformation of Indonesia's economy in the age of digitalization and AI.
Business Oct 2, 2024 | 8:22 pm

Jokowi’s Second Presidential Term Attracts Nearly Rp 6,000 Trillion in Investments

Compared to five years ago, investment growth has surged by 90.2 percent.
Business Sep 30, 2024 | 4:11 pm

Indonesia, Malaysia Renew Local Currency Swap Agreement

The renewed agreement aims to boost the use of rupiah and ringgit in cross-border transactions.
Business Sep 27, 2024 | 4:27 pm

Indonesia Reports Rp 153T Deficit in State Budget 

The government has projected a deficit of Rp 609.7 trillion or 2.7 percent of GDP by the end of the year.
Business Sep 23, 2024 | 5:49 pm

“Economic Crowd” Becomes The Next Focus in New Capital Megaproject

Indonesia’s ambitious new capital megaproject is set to enter the second phase of development starting next year.
News Sep 17, 2024 | 5:13 pm

Prabowo’s Finance Minister Pick Will Face Formidable Challenges Ahead

Indonesia continues to grapple with rising foreign debt and a declining tax-to-GDP ratio.
Business Sep 16, 2024 | 6:37 pm
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