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Search result with “2024 State Budget” as a keyword founded 399 news.
Indonesia Boosts Research Funding, Expands Medical Specialist Training
... training, while keeping the state education endowment fund, ... 0.34 percent of the state budget. Prabowo views the existing ... collaboration between BRIN and state-owned aircraft maker ... state budget, compared to Rp 11.85 trillion in realized spending in 2024 ...News Jan 15, 2026 | 5:26 pm
Prabowo Visits Nusantara as Indonesia Pushes Ahead With Capital Relocation
... a flagship energy project led by state-owned oil company Pertamina. Accompanying ... Harimurti Yudhoyono, Foreign Minister Sugiono, State Secretary Prasetyo Hadi, Energy and ... ($2.69 billion) from the state budget in 2024 for Nusantara’s development, accounting ...News Jan 12, 2026 | 9:54 pm
Indonesia Launches $7.4B Refinery, Ending 32-Year Hiatus
... push closer coordination among ministries, state-owned enterprises such as Pertamina ... largest investments ever undertaken by a state-owned enterprise. The upgrade boosts ... , the state budget target of 600,500 barrels per day. In 2024, we ...Business Jan 12, 2026 | 5:05 pm
Pertamina Plans to Integrate Refining, Fuel Sales and Shipping Businesses
... in 2021 to 65 in 2024. The expansion translated into ... revenue of $3.48 billion in 2024, up 4.48 percent from ... stance on fiscal incentives for state-owned enterprise restructuring. Finance ... protect the health of the state budget and ensure tax policies remain ...Business Jan 9, 2026 | 9:31 pm
JCI Back to Green as Global Gains Offset Fiscal Pressures
... alongside Indonesia’s wider 2025 state budget deficit, could weigh on sentiment ... Read More: Indonesia’s 2025 Budget Deficit Widens as Tax Revenue ... of GDP, exceeding both the 2024 level of 2.3% and the ... at 96.3% of the budget. Phintraco also highlighted that ...Business Jan 9, 2026 | 9:58 am
Indonesia’s 2025 Budget Deficit Widens as Tax Revenue Falls Short
... 2025 with a wider state budget deficit after the government opted ... end of 2024. Read More: 2025 State Budget Deficit Remains ... the state budget target,” Purbaya said. Total state spending amounted ... More: Prabowo’s 2026 State Budget Pours Trillions Into Energy, ...Business Jan 8, 2026 | 3:47 pm
Bali Collects Rp369 Billion from Foreign Visitor Levy in 2025
... as receipts fell short of budget targets amid record visitor arrivals ... remains well below the 2025 budget target of Rp500 billion. ... per foreign visitor in early 2024 as part of its ... , including the Immigration Ministry, state airport operator Angkasa Pura, and ...News Jan 3, 2026 | 1:53 pm
Economists Question Effectiveness of Indonesia’s Tax Holiday Policy
... lower tax rates risks eroding state revenues, especially in developing economies ... Ministry Regulation (PMK) No. 69/2024, which limits the current tax ... equivalent to subsidizing another country’s state budget,” he said. While the government ...Business Dec 26, 2025 | 2:12 pm
Indonesia’s 5% Growth Masks Job Strains, World Bank Says
... considered adequate, with the budget operating within statutory deficit ... increased by 1.3% between August 2024 and August 2025, but ... accelerated tax refunds and state-owned enterprise dividends retained ... 150 basis points since September 2024 to 4.75%, and ...Business Dec 16, 2025 | 2:58 pm
From Idle Warehouses to Creative Hubs: Inside Pasar 1001 Malam
... repurposes underutilized properties owned by state-owned enterprises (SOEs) ... ASEAN SME Policy Index 2024, which highlights the importance ... national empowerment programs implemented between 2024 and 2025. During this ... additional pressure on the state budget.Special Updates Dec 16, 2025 | 2:14 pm
JCI Stands Out in Asia, Weathering External Volatility
... , up 58 percent from 2024. Equity investors total 8.08 ... in late August over state-sanctioned perks for lawmakers, ... set to rise through the state budget and through Danantara, Indonesia ... in February to restructure state-owned companies, attract investment ...Business Dec 12, 2025 | 1:08 pm
DPR Approves $800 Million Capital Injection for SOEs
... enterprises (SOEs) under the 2025 state budget to upgrade transportation infrastructure and ... -cash state capital injections for SOEs under the 2025 budget,” Misbakhun ... continuing programs financed through the 2024 capital injection. Rolling stock manufacturer ...Business Dec 8, 2025 | 8:03 pm
Indonesia Needs $757 Billion by 2035 to Meet Climate Targets, Government Says
... for only 3 percent of the state budget, the government said on Tuesday ... 2024 stood at $4.4 billion per year, or about 3 percent of the state budget ...News Dec 2, 2025 | 11:08 pm
Trump 2.0, Budget Crunch: Time for Indonesia, Global South to Give More Money to UN
... contributions to the group’s budget based on a formula that ... it,” Dino said. In 2024, the world’s military expenditure ... biggest chunk of the annual state budget -- for defense. Multilateralism ... proposed a reduced $3.2 billion budget for 2026, down 15.1 percent ...News Nov 30, 2025 | 10:25 am
Tobacco Excise Revenue Rises, but Illegal Cigarettes Remain Widespread
... 76.7 percent of the 2025 state budget target, driven partly by policy ... window to settle payments in 2024, which was shortened back to ...Business Nov 25, 2025 | 9:49 am
Indonesia’s Budget Deficit Under Control at 2.02% GDP
... to keep its January-October budget deficit under control at ... 1,459 trillion to the state revenue that Indonesia had collected ... trillion in state receipts from January to October 2024. Indonesia has ... set the full-year state revenue ...Business Nov 20, 2025 | 4:27 pm
Russia Raises VAT to 22% amid Slowing Wartime Economy
... $12.3 billion, to the state budget. The increase is contained in ... Moscow, Russia, Sept. 13, 2024. (AP Photo/Alexander Zemlianichenko, File ... 4 percent in 2023 and 2024. Growth has suffered from high ... As a result, this year’s budget deficit has been revised upward ...Business Nov 16, 2025 | 1:57 pm
Gov't to Share Whoosh Financial Burden as Project Struggles with China Loan Repayments
... operated jointly by Indonesian state-owned enterprises and a consortium ... sovereign wealth fund overseeing all state-owned companies’ assets. ... allocate part of its budget to subsidize Whoosh’s operations ... the same period in 2024. Across 2024, PSBI’s total ...Business Nov 5, 2025 | 11:29 pm
Finance Minister: ‘Nusantara Will Not Become a Ghost City’
... underpopulated due to reduced budget support, declining private ... billion ($2.6 billion) in 2024 to an estimated £700 ... added that additional state budget contributions may be issued ... structure is mixed, combining state budget contributions with domestic and ...News Nov 3, 2025 | 8:25 pm
Lotte Chemical’s $3.9 Billion Cilegon Plant to Begin Operations in Q4
... Cilegon. According to Airlangga, the budget-heavy production facility will enter ... overlapping land problems with the state-run steelmaker Krakatau Steel. In ... seventh-largest foreign investor in 2024. The country attracted nearly $3 billion ...Business Oct 31, 2025 | 1:02 pm
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