Category: Business

VP asks finance minister to consolidate Papua development funds

Jakarta (ANTARA) – Indonesian Vice President Ma’ruf Amin has asked Finance Minister Sri Mulyani Indrawati to strengthen the State Revenue and Expenditure Budget (APBN) without delay to accelerate development in Papua province. Amin had summoned Indrawati to his official residence in Jakarta to discuss the budget, the Vice President’s spokesman,

Herd immunity targeted among financial services players by August

Jakarta (ANTARA) – President Joko Widodo (Jokowi) projects that vaccinations being intensified for players of the financial services industry can expedite the process to attain herd immunity in the sector by August 2021. “I am optimistic that all regions can re-manufacture and increase their vaccinations, so that the speed of

Jokowi targets vaccinating 100 thousand financial service players

Jakarta (ANTARA) – President Joko Widodo (Jokowi) has outlined a target for the COVID-19 vaccine to be administered to 100 thousand players in the financial services sector to expedite the formation of herd immunity. “Later, the target this week is approximately 100 thousand (vaccine recipients). We are doing this in

World Bank approves US$800 mln development financing for Indonesia

Jakarta (ANTARA) – The World Bank’s Executive Director Council has approved US$800 million, or 11.6 trillion Indonesian rupiahs, in funding to support Indonesia’s investment and trade policy reforms and to help expedite the nation’s economic transformation and recovery. The assistance is intended to support the Indonesian government’s plans to attract

Bappenas drafting four strategies to boost economic resilience

Jakarta (ANTARA) – The National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has said it is preparing four strategies to strengthen economic resilience in pursuit of quality and just growth. The first strategy pertains to economic recovery, PPN Ministry/Bappenas deputy for economy, Amalia Adininggar Widyasanti, disclosed at a working

Bappenas forecasts 5.78-6.53% GDP growth for eastern Indonesia

Jakarta (ANTARA) – The eastern part of Indonesia will see GDP (gross domestic product) growth of 5.78-6.53 percent in 2022, the National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has forecast. “The regional development policy in the RPJMN (medium-term national development plan) 2022-2024 is aimed at reducing disparities among