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Search result with “State Budget 2023” as a keyword founded 194 news.
Tax Collections Rise Nearly 25%, But Annual Goal May Fall Short
... target set in the 2026 state budget. Revenue from customs and excise ... More: Indonesia Posts Rp196.5 Trillion Budget Deficit in First Half of ... record highs in 2022 and 2023, supported by a commodity export boom ...Business Jul 7, 2026 | 11:39 pm
Indonesia's Biggest Layoffs Since 2025: From Sritex to TikTok-Tokopedia
... increased from 64,855 in 2023 to 77,965 in 2024 ... , bringing the cumulative total since 2023 to at least 254,809 ... , and state broadcasters RRI and TVRI amid restructuring and government budget austerity.Business Jul 7, 2026 | 10:42 am
Fuel Subsidies Largely Benefit Private Vehicles, Not Public Transport
... of its fuel subsidy budget toward accelerating public transportation ... significant burden on the state budget while providing disproportionate benefits to ... Rp 375 trillion in 2023 and Rp 113.3 trillion ... as a way to improve state budget efficiency but also as a ...Business Jun 15, 2026 | 12:49 pm
JCI Inches Higher as Investors Assess P2SK Reform, Danantara Bonds
... passed amendments to Law No. 4/2023 on Financial Sector Development and ... without adding pressure to the state budget," Phintraco said. Read More: Moody ...Business Jun 5, 2026 | 9:07 am
Indonesia Plans 14,000-km Rail Network Outside Java by 2045
... be borne solely by the state budget and would also involve private ... and rail infrastructure. In 2023, for example, budget allocations for roads reached ...Business Apr 24, 2026 | 1:35 pm
Prabowo Eyes Coal Windfall Levy to Keep Budget Deficit Below 3%
... broader strategy to keep the state budget deficit below the legal ... has directed that the budget deficit be maintained below ... production work plan and budget to optimize revenue potential. ... No. 17/2023 on State Finance, which mandates a budget deficit cap ...Business Mar 19, 2026 | 11:13 pm
Danantara Aims to Complete Whoosh Debt Restructuring by Mid-2026
... began commercial operations in 2023, represents the country’s first ... the state budget. Read More: Indonesia to Use State Budget to ... be covered by the state budget, though the finance minister ... . Danantara, which manages state-owned assets and investment ...News Mar 16, 2026 | 8:49 pm
Health Groups Reject Plan for New Cigarette Excise Tier, Warn of Cheaper Prices
... taxing illegal cigarettes to raise state revenue. The coalition — ... and included in the state budget law,” Ede said. ... cigarette circulation while maintaining state revenue. Finance Minister Purbaya ... sticks were sold nationwide in 2023, accounting for nearly 7 ...Lifestyle Feb 27, 2026 | 8:46 pm
President Has Not Cleared State Funds for Whoosh Debt Repayment, Purbaya Says
... . Earlier this month, State Secretary Prasetyo Hadi signaled ... be covered entirely by the state budget. “I’m still waiting for ... More: Indonesia to Use State Budget to Repay $7 Billion Whoosh ... began commercial operations in late 2023. Read More: Indonesia, ...Business Feb 18, 2026 | 10:34 pm
State Capitalism Has Limits: Defining Danantara’s Proper Role in Economy
... , development banks, and state investment holding companies managing ... partners, and provide off-budget financing for priority projects ... a relevant illustration. In 2023, exports from the sector ... — demonstrating that the state is already present in ...Opinion Jan 25, 2026 | 3:09 pm
Indonesia Boosts Research Funding, Expands Medical Specialist Training
... 0.34 percent of the state budget. Prabowo views the existing ... collaboration between BRIN and state-owned aircraft maker Dirgantara ... accepted 9,358 awardees in 2023 out of 33,396 applicants ... postgraduate scholarships in the 2026 state budget, compared to Rp 11 ...News Jan 15, 2026 | 5:26 pm
Prabowo Visits Nusantara as Indonesia Pushes Ahead With Capital Relocation
... flagship energy project led by state-owned oil company Pertamina. ... , Foreign Minister Sugiono, State Secretary Prasetyo Hadi, Energy ... ($2.69 billion) from the state budget in 2024 for Nusantara’s ... in 2022, 6.2 percent in 2023, and 6.2 percent again in ...News Jan 12, 2026 | 9:54 pm
Pertamina Plans to Integrate Refining, Fuel Sales and Shipping Businesses
... .6 million from $329.9 million in 2023. In addition to the restructuring ... stance on fiscal incentives for state-owned enterprise restructuring. Finance Minister ... protect the health of the state budget and ensure tax policies remain ...Business Jan 9, 2026 | 9:31 pm
Bali Collects Rp369 Billion from Foreign Visitor Levy in 2025
... receipts fell short of budget targets amid record visitor ... remains well below the 2025 budget target of Rp500 billion. ... including the Immigration Ministry, state airport operator Angkasa Pura, and ... Under Law No. 18/2023 and related regional regulations, all ...News Jan 3, 2026 | 1:53 pm
Russia Raises VAT to 22% amid Slowing Wartime Economy
... $12.3 billion, to the state budget. The increase is contained in ... Economic Growth Pushes Up the Budget Deficit Russia’s economy shrank ... more than 4 percent in 2023 and 2024. Growth has suffered ... . 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 ... since launching in October 2023, passenger numbers and ...Business Nov 5, 2025 | 11:29 pm
Prabowo Summons Chief Minister AHY and Former Minister Jonan to Discuss Whoosh Debt
... to find a solution. The State Budget (APBN) can be part of ... previously ruled out using state funds to pay the ... fund Danantara, which oversees state-owned companies and their assets ... commercial service started in October 2023. Separately, Kereta Api Indonesia ...News Nov 3, 2025 | 8:16 pm
KPK Signals No Immunity in Whoosh High-Speed Rail Probe
... opened to passengers in October 2023. The project cost stands at ... Purbaya Yudhi Sadewa said the state budget will not cover the project ...News Nov 1, 2025 | 12:11 pm
Purbaya Backs Jokowi’s View on Whoosh Project Benefits
... , no longer weighs on the state budget. “Its financing and debt obligations ... Whoosh line, inaugurated in October 2023, remains one of Jokowi’s most ...News Oct 29, 2025 | 11:11 am
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 ... postgraduate scholarships in the 2026 state budget, up from Rp 11. ... accepted 9,358 awardees in 2023 from 33,396 applicants and ...News Oct 29, 2025 | 9:24 am
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