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Indonesia Sets Economic Growth at 5.2-5.8 Percent for Next Year

Indonesia Sets Economic Growth at 5.2-5.8 Percent for Next Year

The government proposes a range of macroeconomic indicators for drafting the 2022 budget proposal with an economic growth at between 5.2-5.8 percent.
Business
Indonesia's 2022 Budget Deficit at 2.38 Percent of GDP

Indonesia's 2022 Budget Deficit at 2.38 Percent of GDP

The 2022 state budget deficit was recorded at 464.3 trillion rupiahs ($29.7 billion), down 40.1 percent compared to last year's deficit.
Business
Last Year’s Positive Stock Market Performance Capital for 2023: Indonesia Minister

Last Year’s Positive Stock Market Performance Capital for 2023: Indonesia Minister

The government will strive to strengthen the integrity, accountability, and credibility of various economic institutions in 2023.
Business
Economic Recovery Goes Well Despite State Budget Deficit: Indonesian Minister

Economic Recovery Goes Well Despite State Budget Deficit: Indonesian Minister

The state budget deficit could fall below the level of three percent of the gross domestic product, or 2.85 percent, in 2023.
Business
Government Projects Economic Growth of Above Five Percent in Q3

Government Projects Economic Growth of Above Five Percent in Q3

We predict the growth will remain high in the third quarter because of low baseline in the third quarter last year due to the Delta variant.
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