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Indonesia's Economy Rebounding After Covid-19 Reopening in 2022

Indonesia's Economy Rebounding After Covid-19 Reopening in 2022
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Manufacturing development part of economic transformation: minister

The government's efforts to develop the manufacturing sector are a manifestation of Indonesia's economic transformation push, according to Minister of . ....

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How other countries are subsidising their way out of inflation

AT first, governments around the world had sought to fight off the effects of the Covid-19 pandemic by throwing a lifeline to those mostly affected such as the lower-income groups. But then came a bigger challenge –rising inflation, putting an already stressed populace in a difficult position to afford necessities. So more money is being spent on subsidies ....

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Indonesia's 2022 deficit to drop below 4% despite subsidy hike, says Finance Ministry

The Indonesian Finance Ministry is confident that the state budget deficit will drop below 4 per cent of gross domestic product (GDP) this year, pointing to faster-than-planned fiscal consolidation despite increased spending to shield Indonesians from surging global energy prices. ....

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