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Search result with “State Finance” as a keyword founded more than 500 news.

Finance Ministry Defends 3% Deficit Cap as Lawmakers Seek More Fiscal Room

... state budget deficit below 3% of gross domestic product (GDP), Deputy Finance ... No. 17/2003 on State Finance, which caps the budget ... introduced under the 2003 State Finance Law following the 1997 ... seek greater flexibility to finance infrastructure, education and ...
Business Sep 18, 2026 | 11:45 am

Indonesia's Budget Deficit at 0.93% GDP 

... budgetary conference, newly appointed Finance Minister Suahasil Nazara said ... trillion ($13.5 billion). “Our state budget’s performance remained robust by ... within limits. So our state budget is relatively on ... in Jakarta. The country’s state revenue hit Rp 2,055 ...
Business Sep 18, 2026 | 10:30 am

Indonesian Stocks Rise on Wall Street Rally, Deficit Debate

... watching Parliament’s review of the State Finance Law, which includes discussions on ... . 17/2003 on State Finance, which limits the state budget deficit to a maximum ...
Business Sep 18, 2026 | 9:01 am

Suahasil Inherits Fiscal Credibility Test as Investor Confidence Wavers

... 's economic outlook. Suahasil inherits the Finance Ministry after a turbulent period under ... an unusually public profile for a finance minister and frequently defended the ... conditions. “The Finance Ministry manages trust, not just state budget figures,” said ...
Business Sep 18, 2026 | 8:02 am

Golkar Lawmaker Wants to Break Indonesia’s 3% Deficit Rule

... GDP) ceiling on the state budget deficit, as lawmakers ... debate a revision of the State Finances Law. Mukhamad Misbakhun, ... 19 pandemic. Indonesia’s 2003 State Finances Law sets a maximum ... ’s priority programs. The Finance Ministry has previously reiterated ...
Business Sep 17, 2026 | 5:38 pm

Rupiah Slides to Rp 17,753 as Fed Raises Rates

... pressure following the change in finance minister earlier this week, with ... 's fiscal health and ensuring the state budget, known as the APBN ...
Business Sep 17, 2026 | 4:34 pm

Indonesia Courts Canadian Investment in Critical Minerals, Clean Energy

... agreement with an ASEAN member state and Indonesia's first comprehensive economic ... , Brunei Darussalam's Second Minister of Finance Dato Dr. Amin Liew Abdullah ...
Special Updates Sep 17, 2026 | 10:35 am

DPD Raises Alarm over Rp 650 Trillion Debt Interest Bill

... major concerns over the 2027 state budget. “There is one ... said. Under the 2027 state budget, government spending is set ... an increasing concentration of state expenditure at the central ... . Responding to the proposal, Finance Minister Suahasil Nazara said the ...
Business Sep 16, 2026 | 8:52 pm

OJK Caps Single-Party IDX Ownership at 5% Under Demutualization Plan

... with stakeholders including the Finance Ministry, Bank Indonesia, state investment manager Danantara ... non-member institutions, including the Finance Ministry, Bank Indonesia and Danantara ...
Business Sep 16, 2026 | 5:36 pm

Indonesia Stocks Buck Asian Rally as Fiscal Concerns Take Hold

... fiscal policy under the new finance minister ahead of the Federal ... now watching how the new finance minister manages the government’s fiscal ... the government can keep the state budget deficit within the legal ...
Business Sep 16, 2026 | 4:10 pm

Suahasil’s Return Puts Fiscal Discipline at Center of Prabowo’s Economic Policy

... Suahasil as finance minister at the State Palace in ... previously served as deputy finance minister. The reshuffle marks ... third change in the finance minister position under Prabowo’s ... Suahasil Promises Credible, Trusted Finance Ministry after Purbaya Exit ...
Business Sep 16, 2026 | 1:42 pm

Let PLN Rent Out the Grid It Already Owns

... every additional $1 above the state budget's assumption added roughly ... 10.3 trillion to state spending while raising only ... cheaper financing “without changing state ownership.” Indonesia does ... solar projects ready to finance, including expansions at Jatigede ...
Opinion Sep 15, 2026 | 8:36 pm

Rupiah Weakens to Rp17,694 on Oil Risks, Finance Minister Change

... weighed a change in Indonesia’s finance minister, renewed Middle East ... . Under the 2027 draft state budget, the government is ... 6% economic growth while setting state spending at Rp4,097.2 ... “Suahasil must manage the state budget amid the government’s need ...
Business Sep 15, 2026 | 6:42 pm

Suahasil Told to Avoid Business Cost Hikes, Tax Refund Delays

... hope that newly appointed Finance Minister Suahasil Nazara will ... of doing business. Ex-finance tsar Purbaya Yudhi Sadewa ... Suahasil Promises Credible, Trusted Finance Ministry after Purbaya Exit According ... he would keep the state budget credible and healthy. ...
Business Sep 15, 2026 | 5:04 pm

Jakarta Stocks Slide 1.13% as Oil Prices Hit $106, Fed Hike Bets Rise

... appointed Suahasil Nazara as finance minister, replacing Purbaya Yudhi ... credibility of state finances so that the state budget can ... research note. Suahasil said the state budget (APBN) has two ... used in Indonesia’s 2026 state budget. Indonesia’s average crude ...
Business Sep 15, 2026 | 4:31 pm

Indonesian Stocks Gain as Investors Await Suahasil’s Fiscal Policy

... policy following Suahasil’s appointment as finance minister. President Prabowo appointed ... government bond yields and state liquidity placements at state-owned banks,” Pluang ... expansionary or government intervention in state-owned banks increases. Such ...
Business Sep 15, 2026 | 9:13 am

Suahasil Promises Credible, Trusted Finance Ministry after Purbaya Exit

... of the Finance Ministry and use the state budget to ... Suahasil Nazara, Prabowo’s Third Finance Minister in Less than Two ... respective work and build a Finance Ministry that is credible, ... Achmad said, but a longtime Finance Ministry policymaker who helped manage ...
Business Sep 14, 2026 | 9:58 pm

No Major Change Expected Under New Finance Minister Suahasil

... reshuffle, President Prabowo Subianto removed Finance Minister Purbaya Yudhi Sadewa from ... background provides institutional continuity for state budget management. The key challenge ... an insider’s understanding of the state budget, taxation, subsidies, and ...
Business Sep 14, 2026 | 6:06 pm

Purbaya Took Mysterious Call Then Lost His Finance Minister Job

... meeting in his capacity as finance minister on Monday, just ... Read More: Prabowo Tells New Finance Minister Suahasil to Protect Fiscal ... State Palace when Prabowo swore in Suahasil as the new finance ... term. Purbaya had served as finance minister for about a year ...
Business Sep 14, 2026 | 5:11 pm

Jakarta Stocks Slip as Suahasil Replaces Purbaya as Finance Minister, Fed Hike Bets Weigh

... Monday appointed Suahasil Nazara as finance minister, replacing Purbaya Yudhi Sadewa ... Prof. Suahasil Nazara PhD as finance minister of the Red and ... could increase pressure on the state budget, particularly through energy subsidies ...
Business Sep 14, 2026 | 4:13 pm
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