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Finance Minister Sri Mulyani Indrawati proposed the economic growth assumption for the 2021 State Budget and Expenditure Budget (RAPBN) at 4.5 to 5.5.
Finance Minister Sri Mulyani projects the state revenue in 2020 will miss the target by 10 percent - an impact of the new coronavirus pandemic.
PRESIDENT Joko Widodo should not have shortcut the regulations when amending the State Budget in response to the Covid-19 pandemic.
The government needs to immediately propose a revised 2020 State Budget as a guideline to minimizing the economic impacts of the coronavirus.
Jokowi asks all Governors, Regents and Mayors to ensure the availability of the COVID-19 budget allocation.
The Finance Ministry is in the process of reallocating state-ministry and state agency budgets towards the handling of coronavirus (COVID-19).
President Jokowi is giving all ministries and agencies until the end of February to meet their budget spending targets.
President Jokowi predicts the government will spend no more than Rp100 trillion to construct Indonesia's new capital city.
President Jokowi says that the new capital city construction will utilize funds from the state budget and private sector funds.
The Finance Ministry planned to increase the budget for the National Police by Rp10.4 trillion to become Rp104.7 trillion in 2020.
The government says preparing the capital city would require an investment of Rp466 trillion.
President Jokowi has announced the new capital city will be built in the regencies of North Penajam Paser and Kutai Kartanegara, East Kalimantan.
Bappenas' deputy for economic affairs, Bambang Prijambodo, criticized the effectiveness of the State Budget (APBN) realization every year.
President Jokowi led the cabinet meeting on the indicative ceiling for the 2020 state budget at the Presidential Office, Jakarta, Monday, July 15.
The State-owned Enterprises (SOE) Ministry is allocating Rp50.9 billion for the renovation of its office building in 2020.
State-owned Enterprises (SOE) Minister Rini Soemarno said that the asset of the public company by the end of 2018 amounted to Rp8,000 trillion.
Finance Minister Sri Mulyani Indrawati recalled that Indonesia once faced an infrastructure construction crisis 10 years back.
President Joko Widodo or Jokowi confronted his rival Prabowo Subianto to proof the latter's statement on the 25-percent leakage from the state budget.
Prabowo's BPN Head Suhendra mentioned the Light Rail Transit (LRT) construction in Palembang as a burden to the state budget.
Finance Minister Sri Mulyani urged people to look into the complete performance of Indonesia's State Budget (APBN).