Minister of Finance Sri Mulyani Indrawati stated that the Indonesian economy has returned to the pre-COVID level based on the aspects of the gross domestic product (GDP) and state budget deficit.
Economic growth is down but inflation is rising, the prices of all goods are going up. This is a condition I can really convey to the world in a dire condition
Belitung in the Province of the Bangka Belitung Islands (Babel) as a pilot area for the development of Integrated Area Development (IAD) to accelerate economic growth and community welfare
"In my opinion, this is not good, because there are many complications from this share," Teguh Dartanto, Dean of Faculty of Economics and Business University of Indonesia.
For the region, ADB projects 5 percent growth in 2022, up from April's projection of 4.9 percent.
"We have a positive view of the prospects for investment in Indonesia going forward because we see that in recent years the economic reforms carried out by the Indonesian government have provided stability in Indonesia's macro economy"
Public holidays have created positive impacts to local economy as economic activities and consumptions significantly increased during the period.
First, he urged his ranks to focus on increasing the utilization of local components, so that government spending on capital goods and services must be directed towards the purchase of domestic products.
Bank DKI is included in the Forbes list of the world's best banks or "World's Best Bank 2022", along with 19 other banks in Indonesia, including Bank BCA for private banks and Bank Mandiri, BNI, and BRI
In 2021, North Sumatra's coffee bean exports have reached 64,738 tons or Rp. 3.913 trillion.
Each household will receive Rp300,000.
The economist previously underwent fit and proper test along with other candidate Darwin Cyril Noerhadi.
"As the largest investment destination in Indonesia, it is proven that the acquisition of Foreign Investment (PMA) and Domestic Investment (PMDN) in Riau Province in 2021 reached IDR 53.05 trillion and absorbed 61,195 workers," said Governor
although there is an increase in global wheat and crude oil prices which have the potential to raise inflation, the increase in coal, palm oil, and nickel prices will provide higher income for Indonesia
The World Bank (WB) revised its 2022 economic growth forecast for Indonesia to 5.1 percent, from 5.2 percent due to the Russia-Ukraine war. The figure is slightly higher than the economic growth forecast for East Asia and the Pacific, at five percent
It will have a multiplier economic effect from every development budget in the village with the Village Fund. The economic benefits are also expected to improve welfare and reduce the poverty level in the community.
The 47 projects are in different sectors, including tourism, economic zone, industry, and infrastructure.
Actors in business and industry are ready to head to endemic status and follow all necessary rules mapped out by the government.
The 208 projects consist of 56 roads, 57 dams, 19 areas, 16 railways, 15 energy, 16 ports, 12 water and sanitation, two housing estates, eight airports, nine irrigations, one education, one coastal embankment, and one technology.
The government has lifted a month-long ban on coal exports.