Indonesia expects 4.5-5.2 percent growth in Q1 World

Indonesia expects 4.5-5.2 percent growth in Q1

Indonesian Finance Minister Sri Mulyani Indrawati has projected that the country’s economy will grow 4.5 percent to 5.2 percent in the first quarter of 2022 amid uncertainty about the global economy due to the conflict in Ukraine.
Indonesia to set up 5 billion USD sovereign wealth fund World

Indonesia to set up 5 billion USD sovereign wealth fund

The Indonesian government is preparing 75 trillion Rp (5.1 billion USD) for the nation’s sovereign wealth fund (SWF) to attract investment and support the economy as global heavyweights from the United States to the United Arab Emirates have expressed interest to join.
Indonesia adopts state budget bill into law World

Indonesia adopts state budget bill into law

The Government and House of Representatives of Indonesia passed the 2021 state budget bill into law on October 1, aiming at accelerating economic recovery amid the COVID-19 pandemic and pushing for structural reforms to boost competitiveness.
Indonesia seeks to curb budget deficit World

Indonesia seeks to curb budget deficit

Indonesian Finance Minister Sri Mulyani Indrawati has forecast that Indonesia’s 2020 state budget deficit will potentially widen in the face of current global uncertainties.
Indonesia’s budget deficit rises in 11 months World

Indonesia’s budget deficit rises in 11 months

Indonesia’s budget deficit neared 26.28 billion USD during January - November, or 2.29 percent of the gross domestic product (GDP), compared to 1.8 percent of the GDP during the same period last year.
Indonesia introduces Muslim bonds at IMF-WB meetings World

Indonesia introduces Muslim bonds at IMF-WB meetings

Indonesia has introduced Green Sukuk, an Islamic bond used for financing environmentally-friendly projects, at the ongoing International Monetary Fund-World Bank (IMF-WB) annual meetings in Nusa Dua, Bali.