The foreign debt repayment is an important part of efforts to maintain the government’s credibility in managing foreign debt. Jakarta (ANTARA) – Indonesia’s foreign debt fell 0.1 percent to US$415.1 billion in the second quarter of 2021 from US$415.3 billion the previous quarter, Bank Indonesia (BI) reported on Monday. The growth of foreign debt also […]
Read MoreJAKARTA: COVID-19 has taught Indonesia how to find a balance between health and economic interests, said President Joko Widodo on Monday (Aug 16) as he addressed perceptions that government policies may not have been consistent when it comes to tackling the pandemic. Speaking at the annual State of the Nation Address ahead of the country’s […]
Read MoreJAKARTA: Indonesia’s central bank will keep its benchmark interest rate at a record low on Thursday (Aug 19) as it tries to continue to support the economic recovery without adding more pressure on the rupiah amid United States tapering concerns, a Reuters poll showed on Monday. All but one of 24 analysts surveyed by Reuters […]
Read MoreJAKARTA : Indonesia’s president on Monday proposed a US$188 billion budget for 2022 with a narrowing fiscal deficit and higher growth targets, but some analysts warn uncertainties over the COVID-19 pandemic could push the budget plans off the rails. In his budget speech, President Joko Widodo told parliament the theme of next year’s budget would […]
Read MoreJAKARTA, INDONESIA – Media OutReach – 13 August 2021 – Global recruitment specialists Michael Page Indonesia witnessed the number of jobs rise in Q2 2021 compared to Q1 led by an increase in Industrial & Manufacturing at 62%. This was followed by an increase in job positions within Legal (up 56%) and Human Resources (up 24%). According to job opportunity […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia noted that the country’s foreign exchange (forex) reserves reached US$137.3 billion at the end of July 2021. “[The figures] increased compared to the position at the end of June 2021 at US$137.1 billion,” said BI’s Head of Communication Department, Erwin Haryono, in a written statement, Friday, August 6. The amount of the reserves will be sufficient […]
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