purbaya yudhi sadewa

Indonesian Ministry of Finance to Take Over Whoosh High-Speed Rail Operator Amid Debt Restructuring

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Indonesia is currently navigating a critical pivot in its infrastructure strategy, prioritizing a comprehensive Whoosh financial restructuring to ensure the long-term viability of its flagship high-speed rail project. The government has signaled that the ambitious expansion of the rail corridor toward East Java is now contingent upon the successful financial stabilization of the project’s operator, … Read more

Finance Minister Advises Selective Stock Picking Amidst Market Volatility, Sees IHSG Reaching 10,000

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London, United Kingdom – Indonesian Finance Minister Purbaya Yudhi Sadewa has advised investors to exercise caution and selectivity in the current market climate, emphasizing the potential for strategic accumulation of fundamentally strong stocks despite a nearly 20% decline in the Jakarta Composite Index (IHSG) year-to-date. The Minister’s comments, made on Monday, March 16, 2026, reflect … 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 Economy Not ‘Morat-Marit’ – Finance Minister Reassures President Prabowo | 2026 Update

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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

Prabowo’s Meeting: Former PCO Head Hasan Nasbi Attends, Role Revealed | Indonesia News 2026

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Jakarta – Recent images circulating show former Head of the Presidential Communications Office (PCO), Hasan Nasbi, participating in a limited meeting with President Prabowo Subianto at his residence in Hambalang, Bogor, West Java. The inclusion of Nasbi, who previously held a key communications role, in a high-level strategic discussion has prompted questions about his continued … Read more

Indonesia’s Debt Outlook Cut to Negative by Fitch: Finance Minister Responds

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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%

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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

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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

Indonesia Stock Market: Lessons from the 1720 South Sea Bubble & ‘Gorengan’ Stocks

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2026-02-21 13:30:00 Jakarta, CNBC Indonesia – Akhir bulan lalu, Indeks Harga Saham Gabungan (IHSG) mengalami trading halt dua hari beruntun akibat pengumuman MSCI. Akibatnya, indeks turun tajam hingga lebih dari 8% Menteri Keuangan Purbaya Yudhi Sadewa merespons dengan menegaskan, tekanan indeks hanya bersifat sementara karena fundamental perekonomian Indonesia kuat.Namun, ia juga mengingatkan, untuk memperkuat pasar … Read more

Customs Officials Avoided Layoffs: Purbaya’s Decision and the Reasoning Behind It

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: Analysis of Source Material Core Topic: The article discusses the Indonesian Ministry of Finance’s (Kemenkeu)⁢ decision to forgo mass layoffs at the Directorate General of Customs ‌and Excise (DJBC) despite ongoing reforms, and details the alternative strategies being⁤ implemented – namely, internal rotations and reassignments of ⁤personnel – across both DJBC and the Directorate … Read more