COVID-19: Indonesia prepares for worst growth scenarios World

COVID-19: Indonesia prepares for worst growth scenarios

The Indonesian government has prepared a few scenarios on how Indonesia's economic growth will end up as the COVID-19 pandemic began to hit the country’s economy, said Minister of Finance Sri Mulyani Indrawati on March 20.
Indonesia’s budget deficit rises to 20.1 billion USD World

Indonesia’s budget deficit rises to 20.1 billion USD

Indonesia’s Finance Ministry has announced that the country’s state budget deficit increased to 281.9 trillion Rp (20.1 billion USD) or 1.8 percent of the gross domestic product (GDP) in October 2019, higher than the same period year earlier of 229.7 trillion Rp or 1.56 percent of GDP.
Indonesia taxes Google World

Indonesia taxes Google

Indonesia’s government has tightened its tax collection policy on high-technology enterprises in the country, starting with the US-based technology giant Google, as the companies have not paid enough to the government despite their expansion.