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Moody’s Assigns Baa2 Ratings to Indonesia’s Planned US Dollar Bonds

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

COVID-19 Patients in Indonesia Could Reach 95,000 in May

JAKARTA (TheInsiderStories) - Number of COVID-19' patients in Indonesia was expected to reach 95,000 people in May, said finance minister Sri Mulyani Indrawati. Based on the...

Indonesia Raises State Bond Issuances to US$62B in 2020

JAKARTA (TheInsiderStories) - Indonesia will raise the state bonds issuances around Rp999.6 trillion (US$62.47 billion) in this year from the initial targets Rp389.4 trillion, said finance...

Indonesia Officially Send Revise Budget to Parliament

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, officially sent the revision of 2020 State Budget to House of Representatives today (04/02). At the meeting...

Indonesia Regulates Digital Tax for Global Tech Companies

JAKARTA (TheInsiderStories) - Indonesian government regulates the digital tax for global technology companies lieu of law Number 1 Year 2020 concerning Financial Policy in To Deal with...

Fin Min Sees Indonesia’s GDP Could in Negative Zones

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati sees Indonesia' economic growth could touches the negative level at minus 0.4 percent to 2.3 percent in...

Breaking: Indonesia Widens the 2020 Budget Deficit to 5.07%

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo decided widening the 2020 State Budget deficit from 2.5 percent to 5.07 of gross domestic products (GDP) to...

Indonesia Considers to Release Recovery Bond for COVID-19 Financing

JAKARTA (TheInsiderStories) - Indonesian government is considering to release a recovery bond in Rupiah denomination to cover the financing of COVID-19 countermeasures, said the government official...

Indonesia Considers to Revises 2020 State Budget

JAKARTA (TheInsiderStories) - Indonesian government considered to revises the 2020 State Budget along with strong impact from COVID-19 impacts, said finance minister today (03/24). She...

World Bank Gives Loan Facility US$300M to Indonesia

JAKARTA (TheInsiderStories) – The World Bank approved a loan facilities worth of US$300 million to assist Indonesia in implementing financial sector reforms that will...

Indonesia’s GDP Only 2.5% This Year if COVID-19 Prolonged

JAKARTA (TheInsiderStories) - In worse scenario, Finance minister Sri Mulyani Indrawati, sees Indonesia' economic growth could be in the range 0 - 2.5 percent if...

Indonesia Launches Pre Employment Card for Young Job Seekers

JAKARTA (TheInsiderStories) - Indonesian government officially launched the pre employment card for young job seekers, said the senior minister on Friday (03/19). In 2020 State...

Indonesia FinMin Sees Economic Growth 4.9% in 1Q 2020

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati sees Indonesia' economic growth in first quarter (1Q) stood at 4.9 percent of gross domestic products (GDP),...

Indonesia Considers Get Loans from World Bank, ADB

JAKARTA (TheInsiderStories) - Indonesian government considered to raises loans from World Bank and Asian Development Bank (ADB) to finances the widening of 2020 State Budget...

Indonesia Widens 2020 State Budget Deficit to 2.5% of GDP

JAKARTA (TheInsiderStories) - Indonesian government widens the deficit of 2020 State Budget to 2.5 percent, from initially 1.76 percent of gross domestic products (GDP), said...

Indonesia Eyes Forex Revenues from Tourism US$928M

JAKARTA (TheInsiderStories) - Tourism and creative economy ministry targets to attract foreign exchange (forex) revenues Rp13 trillion (US$928.57 million) from foreign tourists in 2020, said...

Indonesia Gives Stimulus to the Tourism, Aviation Sector

JAKARTA (TheInsiderStories) - Indonesian government has established an incentive scheme for the tourism and aviation sector to overcome the impact of the coronavirus, said...

Indonesian Plans to Imposes New Levy on Vehicles, Plastic, Sweetened Drink

JAKARTA (TheInsiderStories) - Indonesian government plans to collect new levy on vehicles still use carbon dioxide and plastic, said the government official today (02/19)....

Morning Briefing: BI Starts the Governors Meeting

JAKARTA (TheInsiderStories) - Good Morning! Starting today Bank Indonesia' board of governors start their two-days meeting before make decision on Thursday. At the latest meeting,...

Indonesia’s Credit Profile Balances Stable Growth with Revenue Weaknesses

JAKARTA (TheInsiderStories) - Indonesia' (Baa2 stable) credit profile is supported by the economy' large size, low fiscal deficits and modest debt burden. These features are balanced...

Indonesia Sold Dual-currency Bonds US$3.1B

JAKARTA (TheInsiderStories) - Indonesian government released dual-currency bonds with total amount US$3.1 billion for deficit financing in this year, said the finance ministry today (01/09). The notes...

Indonesia to Issues Dual-currencies Bond This Week

JAKARTA (TheInsiderStories) -  Indonesian government planned to sell US dollar and Eurobonds this week as pre-funding program to finance the 2020 State Budget Deficit. The...

Indonesia to Issues Diaspora and SDGs Bond in 2020

JAKARTA (TheInsiderStories) - Indonesia plans to issue diaspora and sustainable development goals (SDGs) bonds in 2020, as part of the government bond issuances program, the official...

Morning Briefing: Indonesia Forms Agency for New Capital City

JAKARTA (TheInsiderStories) - Indonesian government to form a New Capital Development Authority Agency to implement the state' capital program. The agency have obligation to prepare, build and...

Indonesia’s Govt to Slices Global Bonds Issuance in 2020

JAKARTA (TheInsiderStories) - The Indonesian government plans to sliced the issuance of global bonds in 2020, said the official on Tuesday (10/22). Usually, finance...

Indonesia Prepares Fiscal Buffer US$714M to Quell Budget Deficit in 2020

JAKARTA (TheInsiderStories) - Indonesia prepared Rp10 trillion (US$709.22 million) as a buffer for fiscal risks to overcome the budget deficit in 2020, the official...

Macro Assumptions Approves, 2020 State Budget Law Set Tuesday

JAKARTA (TheInsiderStories) - Indonesian House Budget Agency approved the 2020' macro assumptions in the draft state budget. With this agreement, the state budget will...

Indonesia Spends US$8.58B for Infrastructure Projects in 2020

JAKARTA (TheInsiderStories) - Indonesian government budgeted Rp120.21 trillion (US$8.58 billion) for Public Works and Public Housing Ministry in 2020 that will be allocated to...

Indonesia Budges US$3B for Transportation Sector in 2020

JAKARTA (TheInsiderStories) - Indonesian government budgeted Rp43.11 trillion (US$3.07 billion) for Transportation Ministry in 2020 to develop priority and super-priority tourism destinations that are...

Indonesian Govt, Budget Committee Approves 2020 Macro Assumption

JAKARTA (TheInsiderStories) - Indonesian House of Representatives' Budget Committee has agreed a posture of 2020' state budget bill that has been discussed with the government....