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Search result with “Deficit Cap” as a keyword founded 54 news.

Finance Minister Defends Prabowo Policies After The Economist Report

... Yudhi Sadewa said Indonesia’s budget deficit and debt levels were still ... , remaining within Indonesia’s 3% fiscal cap, “Our fiscal deficit remains under control below ... subsidies, or widening the budget deficit. Read More: Finance Minister "Still ...
Business May 18, 2026 | 2:16 pm

JCI Gives Up Early Rebound, Trades Volatile on Iran Conflict and Subsidy Concerns

... To maintain the state budget deficit at 2.92% without depleting excess ... : Indonesia Unveils 13% Airfare Hike Cap Overnight, US stocks closed higher ...
Business Apr 7, 2026 | 9:00 am

Indonesia’s Q1 Budget Deficit Nears 1% of GDP Amid Early-Year Spending Push

... Indonesia recorded a state budget deficit of Rp 240.1 trillion ($14 ... agreed to cap the full-year 2026 budget deficit at ... trillion. Purbaya said the widening deficit reflects a deliberate policy to ... the sharper early-year deficit, the government maintains its ...
Business Apr 6, 2026 | 3:38 pm

JCI Extends Friday Losses as Oil Surge and Foreign Sell-Off Weigh

... persistent foreign selling, continue to cap the index’s upside. Read More ... More: Can Indonesia Keep Its Deficit Below 3% as Oil Prices Climb ...
Business Mar 27, 2026 | 9:08 am

Can Indonesia Keep Its Deficit Below 3% as Oil Prices Climb?

... government is targeting a narrower deficit of 2.68%, signaling continued ... Oil Scenarios Show Indonesia Deficit Breaching 3% Limit Purbaya ... global liquidity. A widening deficit could trigger negative market ... the significance of the cap lies in credibility ...
Business Mar 27, 2026 | 8:00 am

Oil Rally Spurs Market Sell-Off as Indonesia Stocks Drop 1.89%

... rupiah by lowering the monthly cap on cash foreign exchange purchases ... threaten to widen the fiscal deficit. Finance Minister Purbaya Yudhi Sadewa ...
Business Mar 26, 2026 | 4:00 pm

Indonesia Eyes April 1 Launch for Coal Levy as Budget Pressures Mount

... threaten to widen the budget deficit. Finance Minister Purbaya Yudhi ... risk of a wider budget deficit. The government is seeking additional ... No Need to Lift 3% Deficit Cap “At the technical level, we ... export duties, then the deficit calculation for our budget ...
Business Mar 26, 2026 | 2:58 pm

Prabowo Eyes Coal Windfall Levy to Keep Budget Deficit Below 3%

... to keep the state budget deficit below the legal ceiling of ... has directed that the budget deficit be maintained below 3%,” Coordinating Minister ... State Finance, which mandates a budget deficit cap of 3% of GDP. Read More ...
Business Mar 19, 2026 | 11:13 pm

Bank Indonesia Holds Rate at 4.75% in March as Middle East Tensions Cloud Outlook

... ’s ability to maintain its fiscal deficit cap of 3%. This, alongside a series of ...
Business Mar 17, 2026 | 5:53 pm

JCI Rallies Ahead of Eid Holiday on Wall Street Boost, Oil Swings

... discipline, emphasizing that the budget deficit cap of 3% of GDP would only ...
Business Mar 17, 2026 | 4:10 pm

UI Economist Says BI Should Hold Rates at 4.75% as Global Risks Rise

... a possible widening of the budget deficit cap beyond 3% of gross domestic product ...
Business Mar 17, 2026 | 2:12 pm

JCI Rebounds 0.75% as Bargain Hunting Kicks In Despite Global Risks

... the state budget deficit beyond the 3% of GDP cap would only be ...
Business Mar 17, 2026 | 9:02 am

Indonesia Keeps $19.8 Billion Meal Program Untouched in Budget Austerity

... ’t have to revise the 3% deficit limit. Indonesia has been trying ... Talks of austerity measures and deficit scenarios came out after global ... Last year, Indonesia’s deficit had already neared its statutory cap, reaching 2.92 ... Zone, No Need to Lift 3% Deficit Cap
Business Mar 16, 2026 | 10:00 pm

Indonesia Prepares Contingency Plan if High Oil Prices Persist

... consider raising the current budget deficit ceiling of 3% if energy ... said. Any increase to the deficit cap would require the government and ... , No Need to Lift 3% Deficit Cap “As long as oil prices ... Three Oil Scenarios Show Indonesia Deficit Breaching 3% Limit
Business Mar 16, 2026 | 6:01 pm

Indonesia Says It's Still in Safe Zone, No Need to Lift 3% Deficit Cap

... no need to breach the 3% deficit cap — at least for now. ... The government recently revealed Indonesia’s deficit could top 3% of the gross ... to roll out a Perppu deficit breach]. Our finances are still ... the end of February, Indonesia's deficit stood at 0.53% of ...
Business Mar 16, 2026 | 5:10 pm

Prabowo: Indonesia Must Not Spend Beyond Its Means

... plans to change its fiscal deficit cap, stressing that the rule ... the state budget. “The deficit cap is a good tool to ... Indonesia currently limits its fiscal deficit to 3% of gross domestic ... Union, have loosened strict deficit targets, Prabowo said Indonesia ...
Business Mar 16, 2026 | 4:55 pm

Indonesia Stocks Start Week in Red as Oil Tops $100 and Global Risk-Off Sentiment Builds

... to keep the state budget deficit under control. “If the ... fiscal deficit widens further, risks could include ... fiscal stability,” Hari said. A widening deficit could also limit fiscal stimulus ... . Read More: IDX Market Cap Loses $56 Billion in Oil ...
Business Mar 16, 2026 | 9:17 am

Three Oil Scenarios Show Indonesia Deficit Breaching 3% Limit

... to keep its budget deficit below the legal ceiling ... Under that scenario, the budget deficit would widen to 3.18% of ... yields rise to 7.2%. The deficit would expand to 3.53% ... breach Indonesia’s statutory 3% budget deficit cap under the 2003 State Finance ...
Business Mar 14, 2026 | 1:55 pm

Indonesia’s Spending Jumps 41.9% as Front-Loaded Budget Pushes Deficit to Rp 135.7 T

... the state budget recorded a deficit of Rp 54.6 trillion, ... Read More: Indonesia Calls 3% Deficit Cap ‘Non-Negotiable’ After Moody’s ... said. If the current deficit trajectory continues linearly, Rahma ... warned that Indonesia’s annual deficit target could come under ...
Business Mar 9, 2026 | 12:29 pm

Indonesia’s Budget Deficit to Near 4% of GDP if Oil Prices Top $100

... ), thereby breaching its legal cap. The US-Israeli strike against ... bad news for Indonesia’s budget deficit. “If oil prices reach ... of the GDP. As a widening deficit looms, Nakam suggested Indonesia should ... meal rollout to keep the deficit below the 3% limit. ...
Business Mar 9, 2026 | 9:17 am
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