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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...

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...

Indonesia Widens This Year’s Budget Deficit to 2.2%

JAKARTA (TheInsiderStories) - Indonesian government expanding the budget deficit to 2.2 percent to gross domestic products (GDP) followed the potential short fall on tax revenues...

Morning Briefing: World Bank Review on Indonesian Economy Release Today

JAKARTA (TheInsiderStories) - Good Morning! This morning World Bank announces the third quarter review on the Indonesian economy. Earlier, the Fund has predicted the country'...

Indonesian Issues Global Bonds US$2.1B to Finance Budget Deficit

JAKARTA (TheInsiderStories) - The Government of Indonesia sold dual-currency bonds US$2.1 billion, said the official today (10/25). In US Dollar' denominated (RI1049) the values...

Indonesia’s Deficit Potential Widens to 1.93% This Year

JAKARTA (TheInsiderStories) - Indonesian deficit has potential to widened to 1.93 percent of gross domestic products (GDP) in 2019, amid the shortfall of tax revenue...

Indonesia’s Govt to Inject US$955M into National Health Insurance Agency

Jakarta (TheInsiderStories) - Indonesia' ministry of finance (MoF) will injects Rp13.56 trillion (US$954.92 million) to overcome the deficit in the National Health Insurance Agency (NHIA),...

Morning Briefing: US Deficit US$1T in 2020, Indian Rupee Fell to...

JAKARTA (TheInsiderStories) - Good morning! United States deficit is estimating worth of US$1 trillion in 2020, as President Donald Trump cut the tax an spending...

Indonesia Seeks Funds Over US$27B to Finance 2020′ Deficit

JAKARTA (TheInsiderStories) - Indonesian government seeks funding at least Rp389.3 trillion (US$27.42 billion) to finance the 2020 State Budget’ deficit, said finance minister today...

Indonesian Govt’t Eyes US$139M from SUKUK Savings

JAKARTA (TheInsiderStories) - Indonesian government aiming to raises Rp2 trillion (US$139.86 million) funds from SUKUK Savings  with Series ST05 from retail investors, a government official said...

Morning Briefing: State Budget Deficit Swells, Economic Growth Look Better in...

JAKARTA (TheInsiderStories) – Good morning! Ministry of Finance (MoF) reported in the firs half (1H) of 2019, Indonesia' 2019 State Budget deficit worth of...

Indonesia Absorbs Funds US$1.67B from the Government Bond Auction

JAKARTA (TheInsiderStories) – Finance ministry of Indonesia absorbed funds of Rp23.4 trillion (US$1.67 billion) from the auction of seven series of government bond from...