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 Economy Not ‘Morat-Marit’ – Finance Minister Reassures President Prabowo | 2026 Update

Jakarta, Indonesia – Indonesia’s Minister of Finance, Purbaya Yudhi Sadewa, has moved to reassure both President Prabowo Subianto and the public that the nation’s economy is on solid footing, despite concerns circulating on social media – particularly on platforms like TikTok – suggesting otherwise. The Minister addressed these anxieties during a cabinet meeting on Friday, … 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

LPDP Calculates Repayment of Scholarship Funds from Controversial Alumni

Jakarta – The Indonesian Endowment Fund for Education (LPDP) is currently calculating the amount of scholarship funds that must be returned by AP, the husband of DS, whose recent social media posts sparked public controversy. The calculation includes not only the principal amount of the scholarship but also accrued interest, officials confirmed Thursday. The case … 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’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

Ariyo Wahab: My Wife Doesn’t Need to Work Hard for Luxury Goods

SCROLL TO CONTINUE⁢ WITH CONTENT Recent discussions on social media platforms have highlighted a growing debate surrounding household⁣ financial management, sparked by⁢ a viral story of a husband​ requesting‍ his wife to secure employment before indulging in⁤ personal purchases. This situation has prompted responses from public figures, including musician and actor Ariyo Wahab, offering … Read more