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Indonesia’s 2018 State Budget Deficit Narrows Down

JAKARTA (TheInsiderStories) — Indonesia's 2018 State budget deficit narrowed down to Rp259.9 trillion (US$17.92 billion) or 1.76 percent to Gross Domestic Product (GDP), the...

Indonesia Posts Inflation 0.62% in December, 3.13% During 2018

JAKARTA (TheInsiderStories) - Indonesia's inflation rate in December recorded at 0.62 percent, little bit higher than previous month at 0.56 percent, statistic bureau reported today (02/01)....

FinMin: For the First Time Indonesia’s Revenues Exceed Target

JAKARTA (TheInsiderStories) - Minister of Finance (MoF) assured that Indonesia's revenues will exceed the target in 2018 State Budget. First time in the history. By the end...

Indonesia Call Off Potentially US$3.26B Bonds, SUKUK Auctions 

JAKARTA (TheInsiderStories) — Indonesian government called off government bonds and sharia bonds or SUKUK auction for the rest of this year. The auctions cancelled...

Morning Briefing: EODB Rating Declines Cause Indonesian Govt Is Not Focused

JAKARTA (TheInsiderStories) -- Good morning! Indonesia's rank downturn in World Bank's Ease of Doing Business (EoDB) is considered as "lost focus" by Investment Coordinating Board...

Indonesia’s Fuel Subsidy Swells, Deficit Remains Below 2%

JAKARTA (TheInsiderStories) - The realization of energy subsidized in the 2018's State budget until third quarter (3Q) of 2018 had exceeded the ceiling set. The...

Indonesia’s Govt Offers Retail Bonds

JAKARTA (TheInsiderStories) - Indonesia's Ministry of Finance (MoF) officially opens the Retail Government Bonds (ORI15) with indicative coupon rate 8.25 percent with tenor of three years,...

Up to September, Indonesian Tax and Excise Revenues is Still Low

JAKARTA (TheInsiderStories) - The Finance Ministry’s Directorate General for Taxation announced that the amount of tax collection reached Rp900.8 trillion (US$62.12 billion) in the first nine...

Indonesia SUKUK’s Project Financing Reached US$1.56B

JAKARTA (TheInsiderStories) - Indonesian government reported project financing through State Sharia securities (SUKUK) worth of Rp22.53 trillion (US$1.56 billion) for a number ministries and agencies...

Policy Review: Electricity Subsidy Swells to US$4B, Hit PLN’s Finances

JAKARTA (TheInsiderStories) - Indonesia government projected the electricity subsidies will swell to Rp59.99 trillion (US$4.18 billion) from the initial budget that has been targeted in...

State Budget Review : The Energy Policy Needs to Revise

JAKARTA (TheInsiderStories) - The rising of global oil price has hit Indonesia's budget and could disrupt the economy if the government not taking the right...