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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....

Indrawati Sees the Potential Second Damage from US-China Trade War

JAKARTA (TheInsiderStories) - Indonesia' finance minister rated that the global economy could be hit by a second wave of damage from the United States (US)...

Damayanti Sees Indonesian Rupiah Average Rate 14,000 – 14,400 in 2019

JAKARTA (TheInsiderStories) - Deputy governor of Bank Indonesia (BI) sees the Rupiah will trade at an average of 14,000-14,400 against the US Dollar during of...

Indonesia Targets to Develop 22 NSP Projects in 2020

JAKARTA (TheInsiderStories) - Indonesian government targeting to build 22 new infrastructure projects under National Strategic Projects (NSP) in 2020, said senior minister on Friday (08/16)....

Indonesian Govt Injects US$1.24B for Eight SOEs in 2020

JAKARTA (TheInsiderStories) - The government will provide additional capital of Rp17.7 trillion (US$1.24 billion) for eight state-owned enterprises (SOEs) in 2020. That figure is...

Widodo Announces 2020′ Macro Assumptions with Growth at 5.3%

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo has announced the country direction in 2020 at the People’s Consultative Assembly and House of Representatives today...

Morning Briefing: Widodo will Announce 2020′ State Budget, New Capital City

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo will deliver his speech on the country direction in 2020 at the People's Consultative Assembly and House of...

Indonesia Prepares Various Funding to Build New Capital City

JAKARTA (TheInsiderStories) - Indonesia is all but certain to move its capital city from Jakarta, with President Joko Widodo already ordered ministers to formulate...

Indonesia’s Slowing Growth as Early Warning, says Minister

JAKARTA (TheInsiderStories) - Minister of National Development Planning Bambang Brodjonegoro rated slowing economic growth in the second quarter (2Q) of 2019 became an early...

Indonesian House, Government Agrees 2020’s Macro Assumption

JAKARTA (TheInsiderStories) — Indonesian government and House of Representatives have agreed on 2020’ macro assumptions to decide by the Budget Committee in this month....

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...

Indonesia 2020’s State Budget Aims More Export, Investment Stimulus

JAKARTA (TheInsiderStories) — Amid the continuing uncertainty of global economic conditions, Indonesia President Joko Widodo demands the next year’s State Budget to have high...