Day: August 16, 2022

Government to be cautious of rising inflation: MPR

Chairman of the People’s Consultative Assembly (MPR) Bambang Soesatyo cautioned that rising inflation puts the national economy at risk.”We must not become careless. Rising inflation can be a threat to the national economy,” Soesatyo delivered the stat…

State spending target of Rp3,041.7 trillion for 2023: President

The 2023 state budget draft (RAPBN) outlines state expenditure of Rp3,041.7 trillion (US$205.5 billion), which will be used to expedite health, human resource, and infrastructure development, President Joko Widodo (Jokowi) has informed.”It includes cen…

Gov’t sets state revenue target at Rp2,443.6 trillion for 2023

The government is targeting to rake in Rp2,443.6 trillion (US$165.1 billion) in state revenues in 2023 to continue the national development agenda.The revenues include, among others, tax revenues of Rp2,016.9 trillion (US$136.27 billion) as well as non…

Global uncertainty should not make Indonesia pessimistic: Jokowi

President Joko Widodo (Jokowi) stressed that global uncertainty should not give rise to a sense of pessimism in Indonesia, as the country has prepared important assets in realizing a more conducive development ecosystem.”Global uncertainty must not mak…