Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down its growth forecast for Indonesia to 4.7%.
Indonesia is confident in its financial sector’s resilience even under extreme scenarios in the global economy, according to the latest stress tests conducted by the Bank Indonesia (BI), Indonesia’s Finance Ministry, Financial Services Authority (OJK), and Deposit Insurance Corporation (LPS).
Indonesian Finance Minister Sri Mulyani Indrawati on August 25 suggested ASEAN countries bolster their ties, collaboration, and engagement to ensure sustainable growth amidst the escalating global geopolitical tension.
As part of the first ASEAN Finance Ministers and Central Bank Governors' Meeting (AFMGM) held from March 28-31 in Bali, the host country Indonesia organised AFMGMs with the ASEAN-US Business Council (ASEAN-US ABC), the EU-ASEAN Business Council (EU ABC), and the ASEAN Business Advisory Council (ASEAN ABAC) on March 29.
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’s budget deficit and debt issuance closed well below targets in 2021, paving the way for an upcomi ng fiscal consolidation as the economy rides out the COVID-19 pandemic.
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.
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.
Indonesian Finance Minister Sri Mulyani Indrawati said on May 24 that Indonesia would not compromise on the health of its people to reboot the country's economy.
Indonesian President Joko Widodo said on March 20 that he would use "all state power" to tackle health and economic problems caused by the COVID-19 pandemic.
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.
Indonesian Finance Minister Sri Mulyani Indrawati has proposed new duties on sweetened drinks, polluting vehicles and plastic bags, to control consumption of the products in Southeast Asia's largest economy.
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.
Indonesian Finance Minister Sri Mulyani Indrawati has denied the notion that the tax revenue target for 2019 was set too high, causing the government fail to achieve it.
Indonesia probably enjoyed an economic growth rate of 5.15 percent last year, the fastest pace since 2013 and higher than the 5.07-percent rate in 2017, a recent poll forecasts.
Indonesian Finance Minister Sri Mulyani Indrawati has invited all World Bank (WB) donors to invest in human capital projects to improve Indonesia’s Human Capital Index (HCI).
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.
Economic growth should help reduce inequality and poverty, and create a wider middle class, Indonesian Finance Minister Sri Mulyani Indrawati has stressed.
