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Search result with “2024 State Budget” as a keyword founded 399 news.

Finance Ministry Boosts Education Fund with Rp 13 Trillion Seized from Palm Oil Case

... a cabinet meeting at the State Palace last week. Earlier this ... export permits and losses to state revenue from Indonesia’s lucrative ... state budget, up from Rp 11.85 trillion in realized spending in 2024 ... applicants and 8,592 in 2024 out of 52,842 applications ...
News Oct 29, 2025 | 9:24 am

KPK to Probe Election Commission’s $5.5 Million Private Jet Spending

... corruption and misuse of state facilities by leasing private ... non-official purposes during the 2024 general election period. Budi ... 90 billion in state funds from the 2024 national budget to lease ... second. The council noted a budget discrepancy of about Rp 19 ...
News Oct 27, 2025 | 9:27 pm

Businesses Upbeat Indonesia’s Growth to Exceed 5.03% This Year

... year economic growth could outperform 2024 levels, potentially topping 5. ... a 5.03 percent expansion in 2024, marking a slight slowdown from ... spending, there are indeed budget austerity measures in the ... within the central bank to state lenders. “I’m aiming for ...
Business Oct 22, 2025 | 7:25 am

Indonesia Delays Full Free Meal Target to February 2026

... he assumed power in October 2024. Prabowo originally set a goal to ... rollout. According to Prabowo, the budget-heavy program has created 1 million ... than Rp 335 trillion in state money next year for the ... percent of the full-year budget. Read More: MBG Remains ...
News Oct 21, 2025 | 10:52 am

Prabowo to Prioritize LPDP Scholarships for Medical Students

... his administration will prioritize state-funded scholarships for medical ... . Speaking at the State Palace in Jakarta on ... refocus scholarships from the state-managed education endowment fund, ... state budget, up from Rp 11.85 trillion in realized spending in 2024 ...
News Oct 20, 2025 | 8:24 pm

From Free Meals to UN Debut: Prabowo Marks First Year in Office

... office on Oct. 20, 2024, officially ending his predecessor Joko ... Prabowo to put the budget-heavy free meal program ... (nearly $4.3 billion) in the state budget for this nationwide rollout for ... of an independent Palestinian state alongside that of Israel. ...
News Oct 20, 2025 | 1:45 pm

Govt Rolls Out $11.6 Billion Energy Subsidies So Far This Year

... went to the companies, namely [state electricity provider] PLN and [oil ... the halfway mark of the budget that it had allocated this ... the compensation payments for the 2024 energy use in June. The ...
Business Oct 15, 2025 | 1:00 pm

Strong Export Duties and Excise Lift Indonesia’s Customs Revenue to $12.3 Billion

... 73.4 percent of the 2025 state budget target, the Finance Ministry announced ... Excise Revenue Reaches $18b, Surpassing 2024 Target
Business Oct 15, 2025 | 7:55 am

Purbaya Says No to State Funds for Bali Family Office Plan

... Sadewa has refused to allocate state funds to support a proposed ... , Purbaya said the government’s budget would not be redirected to ... can. I won’t shift any budget there,” he told reporters at ... Abu Dhabi, and Dubai. In 2024, Luhut held talks with Bridgewater ...
Business Oct 14, 2025 | 12:11 pm

Indonesia Won’t Use State Funds to Pay Bullet Train Debt to China

... had served 6 million passengers throughout 2024. “The government has discussed ... Danantara’s dividends without burdening the state fiscally,” Purbaya said. “If ... land acquisition trouble triggered a $1.2 billion budget overrun. Beijing has slapped a 3.4 ...
Business Oct 13, 2025 | 11:08 am

Indonesia’s Top Scholarship Fund Caps Recipients at 4,000 Through 2026

... the move is unrelated to budget efficiency measures. Acting President ... Bogor. “In 2023 and 2024, we deliberately expanded scholarship ... state budget, compared to Rp 11.85 trillion in realized spending in 2024 ... and 8,592 awardees in 2024 from 52,842 applicants. ...
News Oct 10, 2025 | 7:24 pm

Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China

... majority-owned by Indonesian state enterprises grouped under ... Danantara, which oversees all state-owned companies under President ... a year earlier. Throughout 2024, PSBI’s total losses reached ... estimates due to repeated budget overruns. The Chinese consortium ...
Business Oct 10, 2025 | 11:12 am

“We’ll Hit It This Year”: Bahlil on Oil Output Target

... -year target set in the state budget. He reflected on Indonesia’s energy ... , and 40 percent of the state budget was financed by the oil ... million barrels a day because our 2024 lifting was only 580,000 ...
Business Oct 9, 2025 | 3:39 pm

Indonesia in Talks with China on High-Speed Train Hefty Debt

... however, led to a $1.2 billion budget overrun. China is charging a 3.4 ... of Indonesian and Chinese state-run enterprise consortia. Jakarta ... under financial stress. In 2024, PSBI recorded nearly Rp 4.2 ... with Danantara. All state-run enterprises are now ...
Business Oct 8, 2025 | 10:12 pm

Beyond Populism: Economists Call for Impactful Spending

... on the government to optimize state spending, strengthen governance, and ... .9 billion) from BI to state-owned banks (Himbara) may ... of 1.25 percent in 2022–2024 compared to 2.5 percent inflation. ... Moving gradually toward a balanced budget would be an ideal long ...
Business Sep 23, 2025 | 11:46 pm

Purbaya Unveils 5-Step Plan to Boost Growth and Tax Revenue

... economic growth and lift state revenue, which remains under ... ,” Purbaya said during a state budget press briefing on Monday. ... He emphasized that higher state income would come from ... 300.2 trillion in 2024, exceeding the state budget target and marking 4.9 ...
Business Sep 23, 2025 | 9:23 am

Finance Minister Vows Crackdown on Indonesia’s Illegal Cigarette Trade

... the September edition of the state budget briefing in Jakarta. “I will personally ... No. 96 and 97 of 2024. The government kept excise tax ... Rp 300.2 trillion in 2024, exceeding the state budget target and marking 4.9 percent ...
Business Sep 22, 2025 | 8:57 pm

Purbaya Says No Plan to Form State Revenue Agency Despite 5.1% Drop in Tax Collection

... considers the establishment of a state revenue agency as a quick ... When he campaigned for the 2024 presidential race, the retired ... was necessary to fund the budget-heavy national economic development. ... period. The eight-month state revenue totaled Rp 1,638.7 ...
Business Sep 22, 2025 | 6:39 pm

Rupiah Slides 3% YTD, BI Pledges to Guard Stability

... to 5.75 percent. Since September 2024, BI has eased policy by ... ($12 billion) fund placement in state-owned banks, Rp 16.23 ... deficit outlook in the 2026 budget, with the fiscal shortfall now ...
Business Sep 22, 2025 | 4:45 pm

Indonesia Launches World’s First Disaster Pooling Fund to Strengthen Crisis Financing

... on the national or regional budget and is typically reactive after ... risk transfer instruments such as state asset insurance. This coverage helps ... Mitigation Agency (BNPB) Regulation No. 1/2024, and Finance Ministry Regulations No ...
Special Updates Sep 18, 2025 | 8:12 pm
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