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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’s Fuel and LPG Subsidies Skyrocket 266% to Rp 118.7 Trillion

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Indonesia is facing a stark fiscal challenge as the cost of keeping energy affordable for its population has surged far beyond initial projections. New data reveals that government spending on fuel and liquefied petroleum gas (LPG) subsidies and compensations reached Rp 118.7 trillion by March 2026, representing a staggering 266% increase compared to the same … Read more