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# macroeconomics

Latest news group about macroeconomics.

Economist Says 23% Revenue-to-GDP Target Requires Multi-Year Reforms

Economist Josua Pardede says Indonesia’s 23% revenue-to-GDP target needs multi-year reforms, not a short-term leap.
Business Oct 7, 2025 | 5:06 pm

Indonesia’s Foreign Reserves Slip Below $150 Billion in September

Indonesia’s foreign reserves fell to $148.7 billion in September due to debt payments and efforts to stabilize the rupiah.
Business Oct 7, 2025 | 11:51 am

Indonesia to Raise Up to Rp 34.5t from Government Bond Auction

Indonesia to auction eight series of rupiah bonds Tuesday, targeting Rp 23t with potential upsizing to Rp 34.5t.
Business Oct 6, 2025 | 9:53 am

Tax Amnesty Only Makes People Reluctant to Pay, Analyst Warns

Analyst warns repeated tax amnesty will erode compliance, backing minister’s plan to chase $3.6B in unpaid taxes instead.
Business Sep 24, 2025 | 11:24 pm

Indonesia Sets 2026 GDP Growth Target at 5.4%, Deficit at 2.68% of GDP

Indonesia’s parliament approved the 2026 state budget, targeting 5.4% growth with a 2.68% deficit to fund development and welfare programs.
Business Sep 24, 2025 | 3:59 am

Indonesia Economists Alliance Warns on Misallocation, Urges Action on Seven Demands

Economist Rizki Nauli Siregar cite MBG’s Rp335t 2026 budget as a test of whether funds serve the right priorities.
Business Sep 23, 2025 | 11:33 pm

Finance Minister Vows to Reduce Reliance on Foreign Debt

Finance Minister Purbaya pledges to reduce Indonesia’s reliance on foreign debt by prioritizing economic growth and stronger tax revenues.
Business Sep 23, 2025 | 8:14 pm

Can Finance Minister's Aggressive Fiscal Policy Weather Global Pressures?

Aligning too closely with Washington may secure market concessions but risks lopsided deals in the long run.
Opinion Sep 22, 2025 | 11:13 am

Indonesia Revises 2026 Budget Following Appointment of New Finance Minister

Total state spending was revised upward from Rp 3,786.49 trillion ($228.5 billion) to Rp 3,842.72 trillion ($231.9 billion).
Business Sep 19, 2025 | 11:44 am

US Federal Reserve Cuts Key Rate for First Time This Year

Seven policymakers indicated they don't support any further cuts, while two supported just one more, and 10 favor at least two more.
Business Sep 18, 2025 | 8:00 am

Economist Urges Expansion of Indonesia’s Monetary Space to Match Vietnam

Fithra says Indonesia must expand base money and credit channels to catch up with Vietnam’s growth.
Business Sep 18, 2025 | 12:10 am

Indonesia’s New Finance Chief Lauded for Out-of-the-Box Economic Strategy

Senior economist hails Finance Minister Purbaya’s bold fiscal steps, calling his aggressive approach key to reviving growth.
Business Sep 17, 2025 | 5:51 pm

Purbaya Threatens to Pull Ministry Budgets, Redirect to Public Welfare Projects

Starting next month, the finance minister plans to visit ministries with low budget absorption to monitor progress and provide assistance.
Business Sep 16, 2025 | 10:19 pm

Indonesia’s Foreign Debt Eases to $432.5 Billion in July

Indonesia’s foreign debt eased to $432.5B in July, with the debt-to-GDP ratio at 30% and long-term obligations dominating at 85.5%.
Business Sep 15, 2025 | 4:04 pm

Indonesia Sees $869M Outflow After Cabinet Reshuffle

Rp 14T in foreign funds exited Indonesia after Prabowo’s cabinet reshuffle, with investors wary of the finance minister change.
Business Sep 15, 2025 | 10:05 am

Prabowo’s Cabinet Reshuffle Seen as Political Test with Economic Stakes

Reshuffles are common in many political systems, but there are consequences if they are driven more by loyalty than merit.
Business Sep 12, 2025 | 6:08 pm

‘I’m Not a Rookie’: Finance Minister Purbaya Makes Case to Lawmakers in First Hearing

Purbaya noted that he had advised both former presidents Susilo Bambang Yudhoyono and Joko Widodo.
Business Sep 10, 2025 | 8:14 pm

Purbaya Begins Term as Finance Minister With Apology Over Comments

“I apologize for the slip of the tongue. I stand corrected,” Purbaya told reporters at the Presidential Palace.
Business Sep 9, 2025 | 7:27 pm

Indonesia’s Foreign Reserves Dip to $150.7 Billion in August

Despite the decrease, BI stressed that the current reserve level remains high and sufficient to safeguard financial stability.
Business Sep 8, 2025 | 1:27 pm

Consumer Prices Fall 0.08% in August 2025 as Food and Transport Costs Drop

On an annual basis, Indonesia’s inflation stood at 2.31 percent year-on-year, while year-to-date inflation was 1.60 percent.
Business Sep 1, 2025 | 1:23 pm

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