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Indonesia targets Rp2,908 trillion from tax, customs, excise in 2027

Jakarta, Aug. 14 -- Finance Minister Purbaya Yudhi Sadewa said in Jakarta on Friday that Indonesia is targeting Rp2,908 trillion in tax, customs and excise revenue under the 2027 Draft State Budget, a... Read More


Prabowo announces Indonesia Financial Center in Jakarta and Bali

Jakarta, Aug. 14 -- President Prabowo Subianto announced plans to establish the Indonesia Financial Center (PFII) in Jakarta and Bali. According to Prabowo, Jakarta will serve as the initial location... Read More


Indonesia earmarks Rp820.9 trillion for education in 2027 budget

Jakarta, Aug. 14 -- The Indonesian government has decided to allocate Rp820.9 trillion (over $46 billion) to the education sector, as outlined in the 2027 Draft State Budget (RAPBN). Finance Minister... Read More


Indonesia targets lower budget deficit at 2.40 percent in 2027

Jakarta, Aug. 14 -- Indonesian President Prabowo Subianto announced that the deficit target for the 2027 Draft State Budget (RAPBN) is set at 2.40 percent of gross domestic product (GDP). The target ... Read More


Prabowo vows to begin construction of Java north coast sea wall

Jakarta, Aug. 14 -- President Prabowo Subianto affirmed his determination to initiate the construction of a Giant Sea Wall along Java's northern coast during his administration, noting that the infras... Read More


Indonesia proposes limited dual citizenship for top diaspora talent

Jakarta, Aug. 14 -- The Indonesian government is proposing legislative amendments to permit limited dual citizenship for specific individuals whose exceptional talents can significantly contribute to ... Read More


Indonesian President orders PLN to end diesel power, targeting 13 GW

Jakarta, Aug. 14 -- Indonesian President Prabowo Subianto ordered state utility PT PLN to shut down diesel-fired power plants with 13 gigawatts (GW) of capacity and replace them with non-fossil energy... Read More


Indonesia Finance Minister confident 2027 budget targets can be met

Jakarta, Aug. 14 -- Finance Minister Purbaya Yudhi Sadewa expressed strong optimism that the targets outlined in the 2027 Draft State Budget (RAPBN) can be achieved, supported by solid macroeconomic p... Read More


Prabowo submits 2027 budget bill to House speaker

Jakarta, Aug. 14 -- President Prabowo Subianto submitted the 2027 State Budget Bill and its Financial Note to House of Representatives (DPR) Speaker Puan Maharani here on Friday. The document was han... Read More


Govt shifts critical minerals focus to Indonesia's energy security

Jakarta, Aug. 14 -- Indonesia is elevating nickel, copper and bauxite from basic export commodities to strategic resources underpinning domestic energy security and a broader push for green industrial... Read More