Tag: Budget Deficit
US: Budget Deficit Records the Highest Amount in March
JAKARTA (TheInsiderStories) - The United States (US) posted budget deficit of US$600 billion in March of 2021 as the stimulus aid package continues to grow to...
Moody’s Sees Indonesian Economy Lowering to 3.9% in 2020
JAKARTA (TheInsiderStories) - Moody's Investors Service sees Indonesian economic growth will ended at 3.9 percent of gross domestic products (GDP) in this year, said the agency...
Morning Briefing: Trump Open to Work with China on COVID-19 Vaccines
JAKARTA (TheInsiderStories) - President of United States (US) Donald Trump expressed his willingness to work with China or other countries on the COVID-19 vaccine, despite rising...
Modi to Release SOEs Shares to Finances Budget Deficit
JAKARTA (TheInsiderStories) - The high case of COVID-19, forced the Indian Prime Minister, Narenda Modi, to find a strategy to cover the budget deficit...
Indonesian Budget Deficit Widen to 2.2% in This Year
JAKARTA (TheInsiderStories) - Indonesia' finance minister Sri Mulyani Indrawati, stated that 2019 State budget deficit will be widen to 2.2 percent of gross domestic...
Indrawati Widens 2019’s Budget Deficit on Shortfall Tax Revenues
JAKARTA (TheInsiderStories) - Follow the current development, Indonesian finance minister Sri Mulyani Indrawati decided to widen the 2019 State Budget deficit, from the initial planned...
US Budget Deficit Passes US$1T in August
JAKARTA (TheInsiderStories) - The United States (US) budget gap narrowed to US$200 billion in August from $214 billion in the corresponding month of the previous...
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...
Indonesia Sees Economic Growth at 5.2% in 2H
JAKARTA (TheInsiderStories) - Amid the widening deficit in the first half (1H) of 2019, Indonesia' government remain optimistic and predicted economic growth in the...
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’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...
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 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’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...
Government of Indonesia: Deficit Reduction Continues in 2019 Budget
JAKARTA (TheInsiderStories) - Last week, Indonesia’s President Joko Widodo announced in the 2019 budget that the government will seek to narrow the fiscal deficit...
Indonesia Fin Min Sees Economic Growth 5.3% in 2019
Bogor (TheInsiderStories) - Indonesian Finance Minister Sri Mulyani Indrawati sees the country's economic growth 5.3 percent in 2019, lowered from this year target 5.4...
