The Indonesian government aims to cut the State budget deficit to 868 trillion IDR (60.38 billion USD) from 939 trillion IDR, accounting for 4.85 percent of the gross domestic product (GDP) next year.
Indonesia’s most active volcano Mount Merapi erupted on August 16, spewing clouds of ash while red lava flowed down its crater after several explosions.
The Indonesian government pledged to secure supplies and stablise prices of eight COVID-19 treatment drugs, President Joko Widodo said in an address at the parliamentary on August 16.
Indonesian President Joko Widodo has emphasised that the COVID-19 pandemic which has lasted for a year and a half cannot delay structural reform of the national economy.
The Counter-terrorism Squad, Densus 88, of Indonesia’s National Police arrested four more suspected terrorists in Banten and West Java provinces on August 15.
The Trade Office of Vietnam in Indonesia has advised Vietnamese importers to not trade with 34 Indonesian mining companies whose coal exports have been suspended by the local government for failing to meet domestic market obligations.
Indonesia will continue to encourage the development of the local gaming industry by strengthening its value chain and exploiting its current potential, according to the Ministry of Industry.
Indonesia is keen to start long-term cooperation with the US in the health sector, including possible co-development of mRNA vaccines to protect against COVID-19.
At the ASEAN+3 Foreign Ministers' Meeting, Indonesia has proposed a regional medical mechanism to better prevent, detect and respond to pandemics, especially through data sharing.
Indonesian Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan on August 2 said that his government has established an integrated COVID-19 management roadmap, reported Antara news agency.
Indonesia’s Chandra Asri Petrochemical (CAP) has announced that it had secured an investment of 1.7 billion USD for the second world-scale integrated petrochemical complex in Indonesia.
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