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Pemerintah Cari Rp900 Triliun dari Pasar Obligasi untuk Biayai Defisit APBN

JAKARTA (TheInsiderStories) - Pemerintah Indonesia mencari dana Rp900,4 triliun dari penerbitan Surat Utang Negara (SUN) untuk membiayai defisit Anggaran Pendapatan dan Belanja Negara (APBN)...

Indonesia Seeks US$64B from Bond Market to Cover Budget Deficit Costs

JAKARTA (TheInsiderStories) - Indonesian government seeks funds Rp900.4 trillion (US$63.85 billion) from the state bond issuances to finances the 2020 State Budget deficit, said the...

Widodo Signs the 2020 Stated Budget Decree to Response the Pandemic

JAKARTA (TheInsiderStories) - Joko Widodo has signed the President Regulation Number 72 of 2020 as a revision of the Presidential Regulation Number 54 of 2020 on...

Indonesia Raises US$2.5B from Global SUKUK Issuances

JAKARTA (TheInsiderStories) - Indonesian government raises funds US$2.5 billion from the issuance of global SUKUK, said finance minister yesterday (05/17). The three-series noted have tenure five...

Indonesia Enters Global Bond Market Again, This Time Offers Sukuk

JAKARTA (TheInsiderStories) - Indonesian government back into the global bond market by offered US Dollar-denominated trust certificates (SUKUK), it said today (05/17). Moody's Investors Service has assigned Baa2...

Indrawati: Indonesia’s Economic Growth Depresses in 2Q of 2020

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati sees Indonesian economic growth will depressed in the second quarter (2Q) of 2020 to below zero percent...

Morning Briefing: War of the Brexit Begin

JAKARTA (TheInsiderStories) - On Monday, Prime Minister of United Kingdom, Boris Johnson have a video call with President of European Uniton Ursula von deer Leyen and...

Indonesia to Issues Samurai, Eurobond to Fund Fiscal Deficit

JAKARTA (TheInsiderStories) - Indonesian government looking to sell Samurai and Eurobonds in the second semester (2H) of 2020 to fund the fiscal deficit, said finance ministry'...

Again, Indonesia Revises 2020 State Budget to Help the Economy

JAKARTA (TheInsiderStories) - For the second time, Indonesian government revised the 2020 State Budget to support the Economic Recovery Program (ERP) and curb the economy....

Indonesia to Collect VAT from Digital Product and Service Sales

JAKARTA (TheInsiderStories) - Indonesian government will put a 10 percent of value added tax (VAT) on digital products and services sales starting July 1, the tax...

Hajj Financial Agency Ready to Help BI to Curb Rupiah Movement

JAKARTA (TheInsiderStories) - The Head of the Hajj Financial Management Agency said could uses their funds to help Bank Indonesia (BI) if the government...

Morning Briefing: Indonesia’s State Revenues Slows due to the COVID-19

JAKARTA (TheInsiderStories)  - Good Morning! Deputy vice minister of finance, Suahasil Nazara reported, until April, Indonesia' budget deficit at 0.44 percent of gross domestic...

Indonesia Prepares US$43B for Economic Recovery Program Funds

JAKARTA (TheInsiderStories) - Indonesian government prepared the Economic Recovery Program (ERP) Funds around Rp641.12 trillion (US$42.74 billion), said finance minister on Monday (05/18). In detail, part of...

Fin Min: Indonesia Budget Deficit Could Widens to 6.27% of GDP

JAKARTA (TheInsiderStories) - Finance minister Sri Mulyani Indrawati said the 2020 State Budget deficit could widens to 6.27 percent of gross domestic product (GDP) followed...

Indonesia’s Emergency Regulation Approves by Parliament

JAKARTA (TheInsiderStories) - Indonesia' House of Representatives approved the Government Regulation Lieu of Law Number 1 of 2020 concerning State Financial Policies and Financial System Stability...

Indonesia Releases Economic Recovery Program Regulation

JAKARTA (TheInsiderStories) - President Joko Widodo has signed a special rule  Government Regulation Number 23 of 2020 regarding Economic Recovery Program (ERP), which was just enacted...

BI Has Room to Buys State Bond US$16B in Primary Market

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) could buy state bond as much as Rp242 trillion (US$16.33 billion) from the primary market, said finance minister...

Indonesia Consumer Confidence Index Falls to 84.4 in April

JAKARTA (TheInsiderStories) - Indonesia Consumer Confidence Index (CCI) fell to 84.4 in April amid the COVID-19 pandemic, the central bank reported today (05/06). Its the lowest...

Indonesia Prepares “Exit Strategy” to Maintain the GDP

JAKARTA (TheInsiderStories) - The impact of COVID-19 colored the Indonesian economy faster than expected, said the government officials. Today, Statistic Indonesia has reported that...

Indonesia’s GDP Slows to 2.97% Amid the COVID-19 Outbreak

JAKARTA (TheInsiderStories) - Indonesia' economic growth dropped to 2.97 percent of the total Gross Domestic Product (GDP) in the first quarter (1Q) 2020 compared to the...

Morning Briefing: One More Step, House Approves Indonesia’s New State Budget

JAKARTA (TheInsiderStories) - Good Morning! The House' budget committee approved the government regulation in lieu of law Number 1 of 2020 regarding State Finance and Financial...

Indonesia to Releases Another State Bond US$57B in Nine Months

JAKARTA (TheInsiderStories) - Indonesia plans to releases state bond Rp886 trillion (US$57.16 billion) in the rest of 2020, said finance minister today (04/30). In the...

Indonesia has Issued State Bonds More Than US$20B

JAKARTA (TheInsiderStories) - Until April 28, Indonesia has issued state bonds more than US$20 billion to finance its 2020 State Budget deficit. In the latest auction, finance ministry won...

Indonesia Raises US$4B from Sovereign Bond Issuances

JAKARTA (TheInsiderStories) - Finance minister of Indonesia has sold Rp62.62 trillion (US$4.04 billion) of sovereign bonds in private placement, said the ministry today (04/28). The government also...

Nearly 20,000 People Suspected Has COVID-19 in Indonesia

JAKARTA (TheInsiderStories) - Task Force for the Acceleration of Handling COVID-19 recorded patients under surveillance increased to 19,648 people as of Sunday (04.26), spread in 34 provinces...

ADB Approves US$1.5B for Indonesia’s COVID-19 Response

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) approved US$1.5 billion in financing to support Indonesia’ efforts to alleviate the impact of the COVID-19 pandemic on...

Bank Indonesia Purchases Sovereign Debt in Primary Market US$300M

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) made its first direct purchases of sovereign debt in primary market in this week as foreign investors fled,...

Indonesia’s State Budget deficit Widens if the Oil Price Falls

JAKARTA (TheInsiderStories) - Finance ministry rated the changes in Indonesia Crude Price (ICP) will have an impact to the 2020 State Budget deficit, said the government official...

BI to Buys up to 25% State Bond in Primary Market...

JAKARTA (TheInsiderStories) - Indonesian central bank (BI) can buy government bond up to 25 percent of the total issuances on the primary market not later than...

S&P Maintains Indonesia’s Credit Rating at BBB

JAKARTA (TheInsiderStories) - The credit rating agency Standard & Poor's Global Ratings (S&P) has maintained Indonesia' credit rating at the BBB with outlook negative...