Indonesian Finance Minister

Indonesia, budget efficiency

Prabowo Subianto is drastically cutting Indonesia’s budget

Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the largest businesses in Indonesias

Reuters on MSN · 10d

Indonesia budget efficiency cuts remain at $18.8 billion, finance ministry says

Indonesia's deputy finance minister on Tuesday said the total budget funding the government is freeing up through efficiency measures remained unchanged at 306 trillion rupiah ($18.8 billion), after the president gave a much higher figure.

Intellinews on MSN · 1d

Indonesia at a tipping point: volatile policies and budget cuts drive frustration

By bno - Surabaya bureau Peaceful student-led protests were held in several Indonesian cities from Jakarta to Surabaya on February 21. The demonstrations were themselves triggered by frustration over budget efficiency and the absence of stability in policy,

scmp.com · 2d

Will the ‘Dark Indonesia’ protests against Prabowo’s austerity cuts escalate further?

Nationwide student-led protests in Indonesia against austerity measures have emerged as the first major political challenge for President Prabowo Subianto’s administration, with analysts warning that public discontent could escalate if economic conditions deteriorate.

Jakarta Globe2d

Nothing Wrong with Having Many Jokowi's Ministers in Cabinet: Prabowo

Jakarta. President Prabowo Subianto said Wednesday that there was nothing wrong with having many of his predecessor Joko "Jokowi" Widodo's ministers in his cabinet. He even said that replacing ...

1mon

Indonesia plans spending cuts worth $18.84 bln, finance ministry says

Indonesia's President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion) ...

Channel NewsAsia Singapore3d

Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’

At the launch of the Danantara fund on Feb 24, Indonesian officials also sought to address some concerns on transparency and ...

AFP on MSN4d

Indonesia launches new multi-billion-dollar sovereign wealth fund

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as ...

28d

Bigger meals budget to add 2 pct points to Indonesia's growth, president's adviser says

Indonesia's additional budget of 100 trillion rupiah ($6.14 billion) for its programme to give free meals to school children ...

Antara News2d

Forex earnings policy for stronger domestic economic turnover

The policy concerning foreign exchange earnings from the export of natural resources aims to strengthen domestic economic turnover, according to Deputy ...

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