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BI Has Room to Buys State Bond US$16B in Primary Market

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) could buy state bond as much as Rp242 trillion (US$16.33 billion) from the primary market, said finance minister...

BI Launches Policy Measures to Maintain Economic Stability

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) launched a policy measures to maintain economic stability amid the spread of COVID-19, said the governor today (04/14). According...

Indonesia Officially Send Revise Budget to Parliament

JAKARTA (TheInsiderStories) - Finance minister, Sri Mulyani Indrawati, officially sent the revision of 2020 State Budget to House of Representatives today (04/02). At the meeting...

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...

More Stimulus to Drives Indonesia’s Economy

JAKARTA (TheInsiderStories) - President Joko Widodo has signed a presidential decree number 4 of 2020 concerning Refocusing Activities, Budget Reallocation and Procurement of Goods and Services...

Indonesia’s President: No Lockdown Policy

JAKARTA (TheInsiderStories) - President Joko Widodo asserted the government will not adhere the lockdown policy to overcome the coronavirus outbreak in Indonesia. He also averted...

Foreign Tourist Arrivals in Indonesia Drops 7.82% in January

JAKARTA (TheInsiderStories) - The number of foreign tourist arrivals to Indonesia dropped 7.62 percent in January, 2020, compared to December 2019, the Statistic Indonesia reported on...

Widodo: Indonesia’s Digital Economy Reaches US$40B in 2019

JAKARTA (TheInsiderStories) - President Joko Widodo reported Indonesia' digital economy valued worth of US$40 billion during 2019. The amount is far beyond other Southeast Asia...

Indonesia Rolls Out Stimulus US$735M to Blow the Coronavirus Effects

JAKARTA (TheInsiderStories) - Indonesia rolled out a Rp10.3 trillion (US$735.71 million) stimulus package in an effort to cushion the blow of the coronavirus outbreak on...

Indonesia Drives Spending to Curb the Domestic Economy

JAKARTA (TheInsiderStories) - Indonesian President asked his staff to accelerates the disbursement of government spending to boost the domestic economy at the limited meeting...

Bank Indonesia Give a Signals to Reduce Benchmark Rate

JAKARTA (TheInsiderStories) - Bank Indonesia stressed that it could reduce the benchmark rate with a note that macroeconomic and financial stability is maintained. The Governor...