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