Economy Archive

  • BKPMChatibBasri

    Second Quarter, Investment Realization Can Exceed 5% of GDP

    Head of Capital Investment Coordinating Board (BKPM) Chatib Basri in Jakarta stated, Indonesia still becomes one of the most favourite place for foreign investors because Indonesia is able to withstand the impacts of the unstable global economy. On the same occasion, he reminded all parties...

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  • Mahendra-Siregar

    Macro Economy and Monetary Policy Need To Be Altered

    To face the weakening global economic growth, emerging countries are necessary to change the macro economy and monetary policies. This was stated by the Vice Minister of Finance II Mahendra Siregar in his speech at the Cooperation International Seminar UN ESCAP, Bank Indonesia, and Ministry...

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  • Indonesia-Economy

    Government Debt Ratio Remains Safe

    Ministry of Finance is currently endeavoring to decrease the debt to Gross Domestic Product (GDP) ratio, which is planned to be reduced at 22 percent. This was stated by the Director of Debt Portfolio Strategy, Directorate General of Debt Management Ministry of Finance, Schneider Siahaan....

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  • Bank-Indonesia

    BI Rate Held at 5.75 Percent

    Yesterday, Board of Governors Meeting of Bank Indonesia has decided to hold BI rate at 5.75 percent. Executive Director of Strategic Planning and Public Relations Department of BI Budianto in his press release stated that this rate is considered consistent with the inflation target in 2013 and...

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  • Wapres-Boediono

    Vice President: Maintaining Business Climate, Investment, and Inflation Rate

    Indonesia should be able to maintain business climate, investment, as well as inflation rate in order to strengthen economic foundation for medium and long term. This was stated by Vice President Boediono when he opened National Seminar of National Security Agency (Lemhannas) in Jakarta. “These...

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  • BamBrodj

    Different from Electricity, Subsidized Oil Fuel Price Hike Applies Not in Stages

    Acting Head of Fiscal Policy Agency (BKF) Ministry of Finance Bambang P.S. Brodjonegoro stated that the decision to raise subsidized oil fuel gradually is already late. According to him, the right decision for the subsidized oil fuel for this current situation is raising it right...

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  • Mahendra-Siregar

    Indonesia Needs To Change Strategies To Face Global Challenges

    According to Vice Minister of Finance II Mahendra Siregar, in order to face global economic slowdown, emerging countries, such as Indonesia, should alter strategies, namely change the strategy orientation from export to domestic market and regional countries, establish strong financial institution, create better good governance,...

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  • BBM-Consumption

    Oil Fuel Price Adjustment Is Economic Issue

    Acting Minister of Finance Hatta Rajasa admitted that the government will make decision on subsidized oil fuel policy immediately. He stated that the government dares to make decision because it has been given the authority to do so. “The thing is we are going to...

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  • econ-growth

    Government Optimistic Economic Growth Stays High This Year

    Acting Minister of Finance Hatta Rajasa admitted, he is still optimistic that Indonesia’s economic growth will remain high, above 6 percent this year, though the realization of economic growth slowed down to only 6.02 percent in the first quarter. Hatta stated that the realization of...

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  • HattaRajasa2

    Oil Fuel as Big Task for Acting Minister of Finance

    Acting Minister of Finance Hatta Rajasa stated that huge oil fuel subsidy becomes an obstacle for the allocations of other sectors, such as infrastructure, in the State Budget (APBN). APBN might not meet the need of infrastructure budget if oil subsidy remains large. “Because more...

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