Indonesia’s Fiscal Tightrope: Balancing Growth with Deficit Control in a Volatile Global Economy Indonesia’s economic coordination ministry, led by figures like Purbaya, is navigating a delicate balancing act: curbing spending while maintaining momentum in a global landscape fraught with uncertainty. Recent reports indicate not only budget cuts across ministries, but also limitations on new budget … Read more
The EV Slowdown: A Harbinger of Market Realignment, Not the End of the Road Just 11% of global EV sales were lost in February due to incentive cuts, a figure that might seem modest on the surface. But beneath that number lies a critical shift: the era of effortless EV adoption, fueled by generous subsidies, … Read more
A staggering 75% of Indonesia’s LPG needs were historically met by the Middle East. Now, that reliance is rapidly changing. Indonesia is pivoting towards the United States and Australia for energy supplies, a direct response to escalating geopolitical tensions and a proactive strategy to safeguard national energy security. This isn’t simply a reactive measure; it’s … Read more