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Indonesia’s Govt to Inject US$955M into National Health Insurance Agency

Jakarta (TheInsiderStories) - Indonesia' ministry of finance (MoF) will injects Rp13.56 trillion (US$954.92 million) to overcome the deficit in the National Health Insurance Agency (NHIA),...

Indonesian Govt’t Eyes US$139M from SUKUK Savings

JAKARTA (TheInsiderStories) - Indonesian government aiming to raises Rp2 trillion (US$139.86 million) funds from SUKUK Savings  with Series ST05 from retail investors, a government official said...

Indonesia Fin Min Considers Another Tax Amnesty Program

JAKARTA (TheInsiderStories) - Minister of Finance Sri Mulyani Indrawati said that Indonesian government considers to held another tax amnesty program to boost the government revenues,...

Indonesian House, Govt Approves 2019 Economic Growth by 5.2%

JAKARTA (TheInsiderStories) - Indonesia' government and House of Representatives have approved the economic growth this year will only reach 5.2 percent, lower than the...

Indonesia’s Budget Deficit Reached 0.84% of GDP in 1H

JAKARTA (TheInsiderStories) - Indonesia' finance ministry Sry Mulyani Indrawati on Tuesday (07/16) reported a deficit of the state budget in the first half (1H)...

Morning Briefing: State Budget Deficit Swells, Economic Growth Look Better in...

JAKARTA (TheInsiderStories) – Good morning! Ministry of Finance (MoF) reported in the firs half (1H) of 2019, Indonesia' 2019 State Budget deficit worth of...

Widodo Sets Out Indonesian Vision for His Second Term

JAKARTA (TheInsiderStories) - Indonesia' President Joko Widodo laid out Indonesian Vision for his second five-year term, which will see the government focus on economic...

Weekly Briefing: Positive Market Stimulus Bedding Financial Markets

JAKARTA (TheInsiderStories) – Good Morning! After being anticipated to be reunited post-election, finally President-elected Joko Widodo and former presidential candidate Prabowo Subianto met on...

Indonesia’s 2019 Macro Assumptions May Not Achieve Target

JAKARTA (TheInsiderStories) — Global economic turmoil has made Indonesia pessimistic about achieving some of the macro assumptions target this year, as stated by finance...

Finance Minister Send Challenging 2020’s State Budget to House

JAKARTA (TheInsiderStories) — Indonesia Finance Minister Sri Mulyani Indrawati officially submitted state revenue and expenditure budget draft for 2020 to House of Representatives, on...

Moody’s Assigns Baa2 Ratings to Indonesia’s Samurai Bonds

JAKARTA (TheInsiderStories) - Moody's Investors Service ("Moody's") has assigned Baa2 ratings to the proposed senior unsecured yen-denominated notes to be issued by the Government of...

Indonesia Absorbs Funds US$1.67B from the Government Bond Auction

JAKARTA (TheInsiderStories) – Finance ministry of Indonesia absorbed funds of Rp23.4 trillion (US$1.67 billion) from the auction of seven series of government bond from...

Morning Briefing: State Budget Deficit Swells to US$7.24B in the 1Q

JAKARTA (TheInsiderStories) — Good morning! Indonesia has no choice to suffered Rp102 trillion (US$7.24 billion) deficit in the first quarter (1Q) of 2019. The deficit’...

Morning Briefing: US-China Trade Talks to Resume this Week

JAKARTA (TheInsiderStories) — Good morning! United States (US) and China trade talks to resume this week after pause for several time, said a government...

Indonesia Eyes US$34.94B Tax Reveneus from the Riches

JAKARTA (TheInsiderStories) – Indonesian government targeted tax revenues Rp498trillion (US$34.94 billion) from big taxpayers, both personal and institution, said one minister yesterday (03/13). It...

Indonesia has Released State Bonds US$8.75B in January

JAKARTA (TheInsiderStories) - Indonesian government has released government bond with total amount Rp122.5 trillion (US$8.75 billion) or 34.1 percent of the 2019 State budget targets....

Indonesia Sold US$283.69M Retail Savings Bond

JAKARTA (TheInsiderStories) – Indonesian government received Rp4 trillion (US$283.69 million) first saving bond retail (SBR005) offering, said the finance ministry on Tuesday (01/28). Previously, the director...

The Indonesian Gov’t Targets US$334M from the Issuance of Retail Bonds

JAKARTA (TheInsiderStories) - Indonesia's Finance ministry launched Saving Bond Retail (SBR) series 005 with indicative targets Rp5 trillion (US$244.83 million). The bond offers with coupon...

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)....

Indonesia’s Fin Min Allocates Sharia Bond US$1.71B for Infrastructure Bond

JAKARTA (TheInsiderStories) - The Ministry of Finance (MoF) has allocated Rp28.43 trillion (US$1.71 billion) worth of projects that can be funded by State Sharia...

Morning Briefing: Indonesian Gov’t to Spend US$113B in 2019

JAKARTA (TheInsiderStories) - Good Morning! Indonesian government to spent Rp1,634.3 trillion (US$112.71 billion) next year, said President Joko Widodo while gave the budget execution lists at...

Indonesia Issues US$3B Global Bond for 2019 Pre-funding Budget

JAKARTA (TheInsiderStories) — Indonesian government issued global bond with valued US$3 billion for 2019 budget pre-funding, according to Finance Ministry’s General Directorate of Financing...

Indonesia Will Issue Government Bond US$6B in 2019

JAKARTA (TheInsiderStories) - Indonesia plans to issue government bond around Rp825.70 trillion (US$5.69 billion) in 2019. This figure is lower than the amount in...

Indonesia’s House Legislate 2019 State Budget

JAKARTA (TheInsiderStories) —  After few interruptions, House of Representatives has now agreed on Indonesia's 2019 State Budget. The State Budget was drafted based on...

Indonesian Government Continues the Village Fund Program Although Criticized

JAKARTA (TheInsiderStories) - Ahead of the 2019 Presidential Election, the government suddenly made a new program, namely district funds. This program was announced directly...

Morning Briefing: President Widodo’s District Funds Program Approved by the Parliament

JAKARTA (TheInsiderStories) - Good morning. President Joko Widodo district fund program approved by Indonesian parliament. In the meeting with government on Thursday (26/10), Budget Committee for the...

Indonesia Revised Down Economic Growth to 5.12% from 5.30% in 2019

JAKARTA (TheInsiderStories) - After revising the Rupiah assumption, Indonesian government also lowered the economic growth target in the 2019 state budget, to 5.12 per cent from...

Indonesian Gov’t Revises Exchange Rate Assumption to Rp15,000 in 2019

JAKARTA (TheInsiderStories) - Finance Ministry and Bank Indonesia (BI) revised the Rupiah exchange rate in 2019's State budget to Rp15,000 versus the US Dollar, a...

Indonesia’s Fin Min: If Needed Government Can Change Policies

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati give a signal a possibility to change government policy if the global economic conditions are more difficult to...

Indonesia will Set Up Pooling Funds for Disaster

JAKARTA (TheInsiderStories) - Indonesian government will set up pooling funds for disaster around the archipelago, said senior government official. The special funds will be prepared to...