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Search result with “2024 Budget Deficit” as a keyword founded 68 news.

JCI Rebounds as BI Rate Hike Boosts Rupiah

... Prabowo Subianto outlined a 2027 state budget deficit target of between 1.8% and 2.4% ... assumptions for the 2027 state budget include economic growth of ... to the 2027 state budget assumptions and the new ... rate hike since April 2024 and was aimed at ...
Business May 21, 2026 | 9:00 am

JCI Nears 7,000 Amid Fiscal Concerns and US-Iran Watch

... pressures. Indonesia’s 2026 state budget recorded a deficit of Rp 240.1 trillion ... a year earlier. The wider deficit reflects a 31.4% surge in government ... , the longest streak since 2024. The Dow Jones Industrial ... Posts Rp 240 Trillion Budget Deficit in Q1 2026
Business May 4, 2026 | 9:09 am

World Bank Sees Coal Prices Rising 20%, Nickel 12%

... million tons of coal in 2024, with output expected to ease ... Coal Windfall Levy to Keep Budget Deficit Below 3%
Business Apr 30, 2026 | 4:03 pm

Indonesia Could Forfeit Rp 67 T a Year Without Windfall Profit Tax, Indef Warns

... economic rent escapes the state budget,” Ariyo said in a statement ... and gas. Over the 2017–2024 period, the average annual unrealized ... 1 Launch for Coal Levy as Budget Pressures Mount Still, the government ... Coal Windfall Levy to Keep Budget Deficit Below 3%
Business Apr 20, 2026 | 5:15 pm

Nearly Half of Economists Say Indonesia’s Economy Is Deteriorating: UI Survey

... earlier surveys conducted in October 2024 and March 2025, suggesting that ... . One concern is the large budget allocations for new programs that ... the size of the state budget deficit itself,” she said. Read More ...
Business Mar 15, 2026 | 11:02 pm

Prabowo Courts US Investors, Oversees $38.4b Business Agreements During Washington Visit

... saved $18 billion in nonessential budget spending. He joked that the ... raised concerns over its trade deficit with Indonesia. However, the levies ... from $14.52 billion in 2024 to $18.11 billion last ... Claims 78% Drop in US Deficit Ahead of Indonesian Deal Signing
Business Feb 20, 2026 | 8:02 am

Taxes Should Follow Industry Growth, Not Lead It, Retail Head Says

... accelerated from 5.03% in 2024, supported by steady household spending ... Rp 78.6 million in 2024. Roy said tax reform ... 2025 with a wider state budget deficit as the government maintained ... global economic uncertainty. The deficit reached Rp 695.1 trillion, ...
Business Feb 12, 2026 | 11:25 am

JCI Back to Green as Global Gains Offset Fiscal Pressures

... , alongside Indonesia’s wider 2025 state budget deficit, could weigh on sentiment. Phintraco ... gains. Read More: Indonesia’s 2025 Budget Deficit Widens as Tax Revenue Falls ... % of GDP, exceeding both the 2024 level of 2.3% and the 2025 ...
Business Jan 9, 2026 | 9:58 am

Indonesia’s 2025 Budget Deficit Widens as Tax Revenue Falls Short

... with a wider state budget deficit after the government opted ... original 2025 budget target of 2.53%. “The deficit is larger ... persistent external headwinds.” The deficit widened from Rp 560.3 ... end of 2024. Read More: 2025 State Budget Deficit Remains Manageable ...
Business Jan 8, 2026 | 3:47 pm

Indonesia’s 5% Growth Masks Job Strains, World Bank Says

... adequate, with the budget operating within statutory deficit limits. Yet beneath ... increased by 1.3% between August 2024 and August 2025, but the ... fiscal prudence. The fiscal deficit widened to 2% of GDP ... 150 basis points since September 2024 to 4.75%, and ...
Business Dec 16, 2025 | 2:58 pm

Indonesia’s Budget Deficit Under Control at 2.02% GDP

... to keep its January-October budget deficit under control at 2.02 ... the 2.78 percent fiscal deficit outlook for 2025. This reflects ... percent deficit-to-GDP ratio witnessed in January-October 2024, the ... receipts from January to October 2024. Indonesia has set the ...
Business Nov 20, 2025 | 4:27 pm

Russia Raises VAT to 22% amid Slowing Wartime Economy 

... Moscow, Russia, Sept. 13, 2024. (AP Photo/Alexander Zemlianichenko, ... Growth Pushes Up the Budget Deficit Russia’s economy shrank at ... 4 percent in 2023 and 2024. Growth has suffered from ... As a result, this year’s budget deficit has been revised upward from ...
Business Nov 16, 2025 | 1:57 pm

Can Trump’s Tariffs Really Pay $2,000 to Every American?

... economy and persistent inflation. Budget experts, however, dismissed the ... by billionaire Elon Musk’s hypothetical budget cuts, a plan that ... from $77 billion in 2024, but that’s still less ... short of the $1.8 trillion budget deficit in 2025. According to John ...
News Nov 12, 2025 | 11:53 am

Prabowo to Prioritize LPDP Scholarships for Medical Students

... , Prabowo said Indonesia faces a deficit of more than 140,000 ... scholarship grants during 2023 and 2024, when the government expanded ... budget, up from Rp 11.85 trillion in realized spending in 2024 ... 592 students were selected in 2024 from 52,842 applicants. For ...
News Oct 20, 2025 | 8:24 pm

Trump to Put 100% Import Taxes on Pharmaceutical Drugs, 50% on Kitchen Cabinets

... help to reduce the government's budget deficit while increasing domestic manufacturing. While ... in the United States. In 2024, America imported nearly $233 billion ...
Business Sep 26, 2025 | 10:17 am

Indonesia Vows to Remain UNRWA Donor as Agency Faces $200 Million Deficit

... is now grappling with a massive budget deficit. Foreign Minister Sugiono represented Indonesia ... cash to the agency’s program budget. UNRWA’s commissioner-general Philippe Lazzarini ... too low to absorb any deficit from 2025. In the absence ...
News Sep 26, 2025 | 9:36 am

JCR Reaffirms Indonesia’s BBB+ Rating With Stable Outlook

... ’s credibility as intact, with the budget deficit projected at 2.3–2.5 percent of gross ... percent. Externally, the current account deficit is expected to widen gradually ... ’s previous decision on March 25, 2024, when the rating was also ...
Business Sep 25, 2025 | 11:13 am

Beyond Populism: Economists Call for Impactful Spending

... of 1.25 percent in 2022–2024 compared to 2.5 percent inflation. She ... importance of keeping Indonesia’s fiscal deficit within the 3 percent limit set ... generations. Moving gradually toward a balanced budget would be an ideal long ...
Business Sep 23, 2025 | 11:46 pm

Rupiah Slides 3% YTD, BI Pledges to Guard Stability

... to 5.75 percent. Since September 2024, BI has eased policy by ... loose fiscal measures and widening deficit risks,” said Lukman Leong, analyst ... to the higher deficit outlook in the 2026 budget, with the fiscal ...
Business Sep 22, 2025 | 4:45 pm

The Nation Chanting Tabola Bale in Joy, Indonesia Celebrates Independence Day with Pride and Festivity

... of long-term resilience. In 2024, the economy grew by 5.03percent ... the G20 -- while the state budget deficit stayed below 3% and public debt ...
Special Updates Aug 20, 2025 | 4:45 pm
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