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President Jokowi is giving all ministries and agencies until the end of February to meet their budget spending targets.
The World Bank Managing Director Mari Elka projected that the coronavirus crisis could drag Indonesia's economic growth to below 5 percent.
Finance Minister Sri Mulyani opined that the ongoing global uncertainty since 2019 is attributable to men-made policies.
Jokowi asked Indonesians to be thankful for the country's economic growth that remained barely over 5 percent.
Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan said the omnibus law on job creation would increase labor absorption
A presidential spokesman Fadjroel Rachman claimed the omnibus law on job creation would boost the economic growth to 5.7-6 percent.
Former vice presidential candidate, Sandiaga Uno, is optimistic that Indonesia's economy can grow better this year.
SBY suggested the government of President Joko "Jokowi" Widodo take two major steps to maintain economic growth.
National Development Planning Minister Suharso Monoarfa proposed three regions to be named as the international fish market in a bid to boost growth.
Bank Indonesia stated that one of the strategies to boost the country's economic growth is through the availability of adequate infrastructures.
Finance Minister Sri Mulyani Indrawati said the government focuses on strategies to create a supportive investment climate.
Right now, Indonesia has a GDP of just US$1 trillion.
Finance Deputy Minister Suahasil Nazara considered the national economic growth at 5.02 percent a form of national resilience amid global uncertainty.
Bank Indonesia (BI) recorded some Rp12.03 trillion in foreign capital has flown into Indonesian markets within the past week.
Manpower Minister Hanif Dhakiri has inked a circular letter on the minimum wage of provinces (UMP) and regencies/cities (UMK) in 2020.
The Indonesian government is encouraging the development of creative industry particularly fashion to support the national economy.
Bappenas says that the new capital city project could boost Kalimantan's economic growth.
Industry Minister Airlangga Hartarto positively welcomed the inauguration of Esemka car assembly plant in Boyolali, Central Java.
On Wednesday, September 4, President Joko Widodo or Jokowi held a limited meeting for talks of steps to face global economic recession.
DPR deputy speaker Fadli Zon said President Jokowi set an unrealistic target that the relocation of the capital city will meet for completion in 2024.
