Prabowo Summons Purbaya, BI Governor to Palace Over Rupiah Crisis: Full Response to Dollar Questions at Halim” (Alternative optimized version for better CTR & SEO:) “Prabowo Calls Emergency Meeting: Purbaya, BI Chief Urged to Istana as Rupiah Crashes-Here’s Full Reaction to Dollar Crisis

JAKARTA — President Prabowo Subianto convened a high-level meeting at the Merdeka Palace on Monday, May 18, 2026, as the Indonesian rupiah faced significant downward pressure in global currency markets. The meeting, which brought together key economic officials, occurred as the exchange rate neared the threshold of 17,700 per U.S. Dollar, a development that has … Read more

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

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 Debt Outlook Cut to Negative by Fitch: Finance Minister Responds

Jakarta – Indonesia’s economic outlook is facing increased scrutiny following a recent decision by Fitch Ratings to revise the country’s credit outlook to negative. The move, announced on March 4, 2026, has prompted a response from Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, who suggested the assessment may stem from a perception of inexperience within … Read more

Indonesia’s 2026 Budget Deficit: Rp 135.7 Trillion in February | Tax Revenue Up 30%

Indonesia’s Budget Faces February Deficit of Rp 135.7 Trillion Jakarta – Indonesia’s budget recorded a deficit of Rp 135.7 trillion (approximately $8.6 billion USD) as of the end of February 2026, according to recent government data. This figure represents 0.53% of the country’s Gross Domestic Product (GDP), signaling a period of increased government spending relative … Read more

Indonesian Politician Urges Prabowo to Host Celebration if Economy Hits 6% Growth

“`html Indonesia’s Economic Outlook: Targeting 6% Growth in 2026 Indonesia’s Economic Outlook: Targeting 6% Growth in 2026 Indonesia is aiming for a robust economic growth of 6% in 2026, exceeding the initial government target outlined in the State Budget (APBN) of 5.4%. This optimistic⁢ projection, voiced by Finance Minister Sri Mulyani Indrawati, signals confidence in … Read more

Indonesia Transport Ministry Faces Budget Cuts Threat

: Analysis of the Article 1. Core Topic: The article discusses ‍the Indonesian government’s efforts to increase tax revenue from foreign vessels operating in Indonesian waters. It highlights a significant discrepancy between potential and actual tax collection, and the government’s intention to hold the Ministry of Transportation (Kemenhub) accountable for improving tax compliance. 2.Intended Audience: … Read more

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

“`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