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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...