The 2020 state budget deficit will expectedly surge to 6.27 percent of Indonesia’s GDP.
The government is trying to calm the public before reopening the economy.
Digital platform operators are required to collect VAT starting July 1, 2020
Businesses are expecting Bank Indonesia to print more money to dampen economic impacts from coronavirus.
Indonesian government vows to avoid economic hibernation capable of dragging 50 million people into the poor category.
The development of 10 priority tourism destinations is one of the projects to be accelerated.
Household consumption only grew by 2.84 percent in the first quarter of 2020.
The government’s massive fiscal stimulus will be crucial at supporting the country’s economic growth next year.
Investment and employment targets in the Special Economic Zones are difficult to achieve.
BI had injected a total of Rp 503.8 trillion in liquidity to banks.