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Search result with “State Expenditure” as a keyword founded 105 news.

Government Allocates Rp 525 Trillion for Subsidies in 2025 Draft State Budget

... compensation in the 2025 Draft State Budget (APBN), according ... for businesses. The 2025 State Budget deficit is projected ... with state revenue estimated at Rp 2,996.9 trillion and expenditure set ... be allocated to central government expenditure, while Rp 919.9 ...
Business Aug 16, 2024 | 11:07 pm

Prabowo Gets to Spend $230 Billion on First Year in Office

... spending will be central government expenditure. The archipelagic Indonesia will transfer ... to allot 5.5 percent of the state expenditure --around Rp 197.8 trillion-- for ...
Business Aug 16, 2024 | 4:10 pm

Gov’t Spending for New Capital Hits $707 Million So Far in 2024

... Rp 9 trillion of the state budget throughout the first seven ... to the construction of the state palace complex, civil servants’ ... and planning. The government’s expenditure for the Nusantara megaproject has ... This brings the total state money dedicated to the ...
News Aug 13, 2024 | 3:02 pm

Indonesia to Limit Subsidized Fuel Purchases Starting August 17

... measure aims to reduce the state’s expenditure on fuel subsidies. “ ... Wednesday. Luhut explained that state-owned oil and gas company ... “This situation arises as state revenues are projected to ... compared to 2023. Meanwhile, state expenditures are projected at ...
Business Jul 10, 2024 | 4:53 pm

Gov’t Spending on New Capital Hits $336 Million as of End-May

... to infrastructure works -- including the state palace complex -- as Indonesia rushes ... Rp 2 trillion in non-infrastructure expenditure for this project so far ...
Business Jun 28, 2024 | 11:31 am

UIN Hajj Analyst: Standalone Hajj Ministry May Alleviate State Budget Strain

... Marfudin, a Hajj expert from the State Islamic University (UIN), suggests that ... officers. "By reducing the State Budget (APBN) expenditure on Hajj through the ... Hajj costs burden the state budget annually. "The State Budget would decrease ...
News Jun 11, 2024 | 9:42 am

State Budget Deficit Capped at 2.82 Pct of GDP for 2025

... government has decided that the state budget deficit for 2025 ... of the country’s GDP. State expenditure would stand at around 14 ... should ramp up its non-state tax revenue collection and ... improve the performances of the state-owned enterprises, among others. ...
Business Jun 4, 2024 | 4:15 pm

Gov’t Already Spends $298 Million in New Capital Construction So Far This Year

... Ministry divides the Nusantara project expenditure into two categories: the infrastructure ... money went into building the state palace complex and the VVIP ...
Business May 28, 2024 | 11:08 am

Indonesia Posts $4.7 Billion State Budget Surplus As of April

... 237.1 trillion surplus. “Our state budget and primary balance are ... in a surplus. Our state budget is mainly influenced ... .3 trillion. However, the overall state revenue saw a 7.6 percent year ... 3,324.1 trillion. “So, state expenditure rose 10.9 percent yoy,” Sri ...
Business May 28, 2024 | 7:40 am

Government Proposes Cuts to Fuel Subsidies in 2025

... a more equitable role of the state budget (APBN) in supporting sustainable ... Ministry recorded a total energy subsidy expenditure of Rp 269.6 trillion by ... compared to the previous year's expenditure of Rp 252.8 trillion. The ...
Business May 24, 2024 | 1:35 pm

State-Owned Enterprises Under Scrutiny for Corruption Allegations

... be fictitious, involving the unlawful expenditure of state funds, with preliminary estimates ... 1 trillion, with initial data suggesting state financial losses of hundreds of ... the institution responsible for calculating state financial losses, whether it be ...
News May 23, 2024 | 12:23 pm

State Budget Surplus Maintained Despite Election Spending Increase: Sri Mulyani

... in employee expenditure and the 2024 election spending. "Our state budget still ... a 4.1 percent year-on-year decrease. State expenditure reached Rp 611.9 trillion, 18 ... election spending and increased employee expenditure. The 2024 election budget realization ...
Business Apr 26, 2024 | 4:16 pm

State Budget Performance: Surplus Shrinks, Revenue Struggles

... 493.2 trillion, while state expenditures totaled Rp 470.3 ... The current realization of state revenue has achieved 17 ... In terms of growth, state revenues experienced significant increases ... Sri Mulyani highlighted that state expenditure realization grew by 18.1 ...
Business Mar 25, 2024 | 1:02 pm

Proposed VAT Hike Could Stifle Economic Growth, Warns Indef

... Agency data, the per capita expenditure of the population on food ... target set in the 2023 State Budget of Rp1,718.0 trillion ...
Business Mar 20, 2024 | 3:37 pm

Presidential Debate Fact Check, Anies' Claims on Military Spending Debunked

... as Dirgantara Indonesia, state-owned shipyard PAL, state-owned weapons manufacturer Pindad ... June 2023 among ministries and state institutions. The increased budget allocation ... , with a total expenditure of $ 55 billion. In the 2024 State Budget, the ...
News Jan 8, 2024 | 9:00 am

Anies Wants to Raise Defense Spending, Muhaimin Says There's No Need

... . [The ratio of our military expenditure to gross domestic product or ... we need to upscale our state budget and GDP,” Anies said ... .27 trillion in the 2024 state budget, ranking second only to ...
News Jan 7, 2024 | 11:17 pm

State Budget Deficit Narrows to 1.65% of GDP in 2023

... Sri Mulyani said total state revenue for 2023 amounted ... years," Sri Mulyani stated. The state's expenditure totaled Rp 3,121.9 trillion, ... primary balance of the 2023 state budget yielded a surplus ... since 2012. "The 2023 state budget signifies the conclusion ...
Business Jan 2, 2024 | 7:01 pm

Sri Mulyani Says 2023 State Budget Spending Worth Every Penny

... Sunday claimed that the state budget has seen quality ... ” throughout the year. The state budget has functioned as a ... to Finance Ministry data, the state expenditure has reached Rp 2,769.6 ... regional government spending. "The state budget serves as a strategic ...
Business Dec 31, 2023 | 8:32 pm

Pertamina, LKPP Ink Agreement on E-Catalog

... company was the first state-owned enterprise to implement ... of opex [operational expenditure] and capex [capital expenditure]. We have done ... not just a mandate, but state-owned enterprises should use locally ... example as the first state-owned enterprise to use ...
Special Updates Oct 1, 2023 | 10:26 pm

State Budget Sees Rp 147 Trillion Surplus

... As of August 31, the state budget has achieved a surplus of ... eight months of the year, state revenue reached Rp 1,821.9 ... of Rp 2,463 trillion. "The state's revenue has grown by 3.2 ... the Finance Ministry. On the expenditure side, state spending reached Rp 1,674 ...
Business Sep 20, 2023 | 10:06 pm
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