Indonesia will owe Rp 900.4 trillion in semester II-2020

ILLUSTRATION. Indonesia will owe Rp 900.4 trillion in semester II-2020. Most of this debt is for handling corona pandemics in the health, social, economic and financial sectors. Reporter: Yusuf Imam Santoso | Editor: Khomarul Hidayat KONTAN.CO.ID – JAKARTA. Indonesia will owe Rp 900.4 trillion in the second semester of 2020. Most of this debt is […]

BUMN Boss Works Reveals Trillions of Rupiah in Debt of the Government

Jakarta, CNN Indonesia – A number of bosses of State-Owned Enterprises (BUMN) The work reveals the amount government debt unpaid land acquisition for infrastructure project. BUMN Karya, including PT Hutama Karya (Persero), PT Wijaya Karya (Persero) Tbk, and PT Waskita Karya (Persero) Tbk. President Director of Hutama Karya Budi Harto, the government has not paid […]

SOEs Crowded Debt Hundreds of Trillions to the Government, Here’s the List, Jakarta – Last week, the government debt was discussed in a Hearing Meeting (RDP) between the Commission VI of the Indonesian Parliament and several BUMNs. Although not all SOEs report, the amount of government debt to SOEs is estimated at hundreds of trillions of rupiah. Until now, the SOEs that have collected their debts […]

The Government Has Debt Rp 96.5 Trillion

JAKARTA, – President Director of PT Pertamina (Persero) Nicke Widyawati said, the total government debt to the company was Rp 96.5 trillion. According to him, the debt is government compensation for the difference in retail price (HJE) from 2017 to 2019. “So the debt in 2017 is IDR 20.78 trillion, then in 2018 it […]

Greece regulates rents because of the corona crisis

Closed shop in Athens Entrepreneurs such as retailers and restaurateurs who have had to close due to corona restrictions can cut their rents by 40 percent. (Photo: dpa) Athens The real estate market in Greece had just recovered from the ten-year financial crisis when the corona recession is now causing new turbulence. The EU Commission […]

Argentina is betting on further negotiations

Argentina’s economy minister Martin Guzman during an interview According to the Minister for Economic Affairs, both sides of the negotiations are still far apart, “but everyone at the table wants a solution”. (Photo: Reuters) Buenos Aires Argentina is relying on further negotiations with its creditors to avert another state bankruptcy. Therefore, an interest payment due […]

only 100 billion euros more debt

The federal and state governments have put many billions in their hands to cushion the effects of the corona crisis. On the whole, you should leave it at that, says the Union. The SPD sees it differently. According to CSU boss Markus Söder, the federal government should only be allowed to incur a maximum of […]

The 5 construction sites for Italy’s Premier Conte

Rome Italy has long been the country worst hit by the corona pandemic worldwide. 228,000 corona infections, more than 32,000 deaths – it is still a devastating record overall. But Prime Minister Giuseppe Conte is now giving the government a positive interim report for its crisis management. “Three months after the first case in Italy, […]

A boost for European integration

Brussels A good decade later, what happened in Europe after the 2008 financial crisis appears to be repeating itself: the EU is once again faced with an integration push that no one would have thought possible before the crisis. At that time, the EU responded to the severe turmoil in the markets by founding joint […]

Why Argentina is at risk of default

Argentine President Alberto Fernandez The President has little leeway to avoid another default. (Photo: dpa) The investors are used to this from Argentina: Negotiations on debt rescheduling are carried out until the very last moment. But then the government announces at the last moment that it will not pay. This has happened twice since 2001 […]