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IHSG Plummets 4.2% Amid Foreign Capital Outflows and Government Policy Uncertainty

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JAKARTA — As the Jakarta Composite Index (IHSG) continues to face significant downward pressure, Indonesia’s leadership is signaling a stance of fiscal confidence, dismissing the need for government intervention to stabilize the equity markets. Despite a sharp selloff that has rattled investor sentiment, the Ministry of Finance maintains that the nation’s underlying economic drivers remain … Read more

Indonesia to Maintain 3% Deficit Limit, Plans Spending Cuts Amidst Oil Price Concerns (2026)

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Indonesia Prioritizes Fiscal Discipline Amidst Global Oil Price Volatility Jakarta – As geopolitical tensions in the Middle East continue to drive up global oil prices, the Indonesian government is taking a cautious approach to its 2026 budget, prioritizing fiscal discipline over increased borrowing. Finance Minister Purbaya Yudhi Sadewa has announced a one-month evaluation period to … Read more

Indonesia’s Tax Authority Responds to Business Leader’s Concerns Over Coretax

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“`html Finance Minister Visits Danantara Following Coretax Complaints Jakarta – Finance Minister Purbaya⁢ Yudhi Sadewa visited danantara’s office today ‍following complaints from chief Investment Officer (CIO) Pandu Sjahrir regarding the Coretax system. “Yesterday, ⁢Danantara complained that Coretax wasn’t working. I wanted to see if this⁣ was true or if the Danantara team was simply unable … Read more