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Indonesia Posts an Inflation 0.10% in February

JAKARTA (TheInsiderStories) - Statistics bureau announced Indonesia experienced an inflation 0.10 percent on monthly basis, 0.36 percent on calendar year, and 1.38 percent on annual...

BI Cuts the Interest Rate to 3.50% in February Meeting

JAKARTA (TheInsiderStories) - Surprisingly, board governors of Bank Indonesia (BI) cut the Seven Day Reverse Repo Rate (BI-7DRR) by 25 basis points to 3.50 percent,...

Indonesia’s Forex Reserves Rises to US$138B in January

JAKARTA (TheInsiderStories) - The position of Indonesia' foreign exchange (forex) reserves recorded US$138.0 billion in January 2021, an increase compared to the end of December 2020...

BI Relaxes the Down Payment of Motor Vehicles to Zero Percent

JAKARTA (TheInsiderStories) - To help the low of purchasing power and the consumer loans market, Bank Indonesia (BI) decided to lower the down payment limit for...

Indonesia Offers Nine Toll Road Projects in This Year

JAKARTA (TheInsiderStories) - Public works and public house ministry to offer nine toll road projects in Indonesia during 2020, said the minister today. The pre-qualification...

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...
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