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Indonesia Slices State Bond Issuance Due to Excess Cash

JAKARTA (TheInsiderStories) - Indonesian government considered to slice the state bond issuances in this year due to excess cash from 2020 State Budget, said the director...

IMF Cuts Indonesia’s Economic Growth in 2021 to 4.8%

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) cut Indonesia' economic growth projection in 2021 to 4.8 Percent and 6.0 percent . Earlier, the agency sees...

Indonesia Releases Global Bond US$4.23B Today

JAKARTA (TheInsiderStories) - The government of Indonesia has released US Dollar denominated bond worth of US$3 Billion and EUR1 Billion ($1.23 billion), ministry of finance announced...

Indrawati Revises Down Indonesia’s Economic Growth

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, again revised down Indonesian economic growth minus 2.2 to 1.7 percent in this year due to hight pressured...

Burden Sharing: BI Bought Government Bond US$1.56B

JAKARTA (TheInsiderStories) - As part of burden sharing to help the economic recovery, Bank Indonesia (BI) purchased four series of government sharia bond worth of Rp22.87...

Indonesia’s Budget Deficit Widens, State Revenues Slowing Down

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, reported until end of September 2020, Indonesia posted a budget deficit Rp682.12 trillion (US$46.40 billion), around 4.16...

Indonesia Offers Retail SUKUK with a Target of US$342M

JAKARTA (TheInsiderStories) - Indonesian government offers retail SUKUK with code the SR-013 with indicative targets up to Rp5 trillion, said the official today. The country set...

Indonesia set the 2021 State Budget Deficit 5.5% of GDP

JAKARTA (TheInsiderStories) - President Joko Widodo projected the 2021 State Budget deficit around 5.5 percent of gross domestic products (GDP) or Rp971.2 trillion (US$66.97 billion) to...

Indonesian Govt Widens 2021 State Budget’s Deficit to 5.2%

JAKARTA (TheInsiderStories) - President Joko Widodo has decided to widens the 2021 State Budget' deficit from 4.17 of gross domestic products (GDP) to 5.2...

BI to Buys State Bond US$27B through Private Placement Scheme

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) to buy the state bond through a private placement worth of Rp397.56 trillion (US$27.43 billion) with tenure 5  -8 years...

Fitch Assigns Indonesia’s Samurai Bonds Final ‘BBB’ Ratings

JAKARTA (TheInsiderStories) - Fitch Ratings has assigned a final rating of 'BBB' to the Samurai bonds issued by Indonesian government. On July 2, the country has...

Indrawati Sees Indonesia’s Economic Growth Contractions 5.1% in 2Q

JAKARTA (TheInsiderStories) - Finance minister Sri Mulyani Indrawati sees Indonesia' economic growth could drop by -5.1 percent of gross domestic products (GDP) in the second quarter...

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...

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...

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...

Morning Briefing: US’s Deficit Balloons to US$738B due to COVID-19

JAKARTA (TheInsiderStories) - Good Morning! United States (US) treasury department reported budget deficit widened to US$738 billion in April led by massive levels of new spending...

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...

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...

Indonesia Posts Budget Deficit 0.45% in the 1Q of 2020

JAKARTA (TheInsiderStories) - Finance Minister, Sri Mulyani Indrawati reported, Indonesia experienced budget deficit Rp76.4 trillion (US$4.92 billion) or 0.45 percent of of gross domestic product...

Indonesia Issues Asia First’s Pandemic Bond US$4.3B

JAKARTA (TheInsiderStories) - Indonesian government raises US$4.3 billion from the first "pandemic bond" issuance in Asia to fund the 2020 State Budget deficit and the...

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...

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 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...

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)....

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...
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