Indonesia Budget Cuts: Purbaya Demands Agency Restraint

Indonesia Tightens Fiscal Belt: Ministries Face Budget Scrutiny Amidst Economic Stability Jakarta – The Indonesian government is signaling a period of increased fiscal prudence, with Minister of Finance Sri Mulyani Indrawati imposing limitations on new budget submissions from ministries and agencies. This move, coupled with calls from the National Development Planning Agency (Bappenas) to curtail … Read more

Oil Prices $100: Indonesia’s Pertalite Fuel Price Safe

Oil Prices Surge Past $100 Amid Global Uncertainty, Indonesian Fuel Prices Remain Stable Global oil prices have breached the $100 per barrel mark, fueled by geopolitical tensions and economic factors. Despite this international surge, the Indonesian government has assured citizens that prices for subsidized fuels like Pertalite and Diesel will remain unchanged, at least in … Read more