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  • 21 August 2017
  • 102 Views

Government Cannot Stop Obtaining Debt Suddenly: Minister of Finance

Sri-Mulyani-300x200Minister of Finance Sri Mulyani Indrawati thought that a deficit totaling Rp325.936 billion or 2.19 percent in the 2018 State Budget Bill, demonstrates an intention to create a healthier State Budget and to run the functions of allocation and distribution stabilization.

The decrease in this budget deficit (compared to the figure in 2017 which was 2.67 percent, and in 2016 which was 2.49 percent), the Minister added, also shows the efforts to solve debt problems and primary balance so they will not burden the State Budget.“With a lower deficit, the concern of debt can be solved. However, the Government cannot just stop obtaining debt suddenly. Primary balance is still positive but it decreased by half compared to 2017,” Sri Mulyani said in a press statement, at the Ministry of Finance, Jakarta, on Monday (21/8) afternoon.

  • 21 August 2017
  • 97 Views

President Jokowi Signs Presidential Decree on National Inflation Control Team

Inflasi-300x144In order to maintain a low, stable inflation rate as a prerequisite for sustainable economic growth, on 8 August 2017, President Joko “Jokowi” Widodo signed a Presidential Decree Number 23 of 2017 on the National Inflation Control Team.

The National Inflation Control Team consists of: 1. the Central Inflation Control Team; 2. the Provincial Inflation Control Team; and 3. the Regent/City Inflation Control Team.

Under the Presidential Decree, the Central Inflation Control Team has the following tasks: a. Coordinate and synchronize the planning, controlling, and achievement of inflation target set by the Government; b. Undertake measures to resolve obstacles and problems in the framework of planning, controlling, and achieving the inflation target set by the Government; and c. Monitor and evaluate the control and achievement of inflation target.

  • 21 August 2017
  • 91 Views

President Jokowi Meets Uzbekistan Deputy PM; Discusses Cooperation in Agriculture, Fisheries Sectors

President Jokowi, accompanied by Foreign Affairs Minister and State Secretary Minister, receives Uzbekistan Deputy Prime Minister at the Merdeka Palace, Jakarta, Monday (21/8)(Photo by: JAY/Public Relations Division)

President Jokowi, accompanied by Foreign Affairs Minister and State Secretary Minister, receives Uzbekistan Deputy Prime Minister at the Merdeka Palace, Jakarta, Monday (21/8)(Photo by: JAY/Public Relations Division)

President Joko “Jokowi” Widodo on Monday (21/8) at the Merdeka Palace hosted an honorary visit from Uzbekistan Deputy Prime Minister Zoyir Mirzaev and his delegates.

Speaking to reporters after the meeting, Indonesian Minister of Foreign Affairs Retno Marsudi, who joined the President during the meeting, said that because Uzbekistan Deputy Prime Minister is also Minister of Agriculture and Fisheries, cooperation in the two fields become priorities for cooperation between Indonesia and Uzbekistan.

  • 20 August 2017
  • 230 Views

Malaysia Apologizes for Sea Games’s Indonesian Flag Blunder

Malaysian Youth and Sports Minister Khairy Jamaluddin and Indonesian Youth and Sports Minister Imam Nahrawi sit together after a meeting at the Shangri la Hotel, Kuala Lumpur, Malaysia on Sunday (20/8)

Malaysian Youth and Sports Minister Khairy Jamaluddin and Indonesian Youth and Sports Minister Imam Nahrawi sit together after a meeting at the Shangri la Hotel, Kuala Lumpur, Malaysia on Sunday (20/8)

The Malaysian Government has apologized for inadvertent error in printing Indonesian flag upside down in the official souvenir booklet of the Opening Ceremony of the 2017 SEA Games.

The apology was expressed by Malaysian Youth and Sports Minister Khairy Jamaluddin after conducting a meeting with Indonesian Youth and Sports Minister Imam Nahrawi at the Shangri la Hotel, Kuala Lumpur, Malaysia, Sunday (20/8).

  • 20 August 2017
  • 225 Views

President Jokowi Awaits Official Apology from Malaysian Government

President Jokowi after handing over Certificate of Rights over Land of National Strategic Programs of Greater Jakarta, at Park and Ride Field, Jl. M.H. Thamrin, Jakarta, Sunday (20/8) (Photo: PR/ Jay)

President Jokowi after handing over Certificate of Rights over Land of National Strategic Programs of Greater Jakarta, at Park and Ride Field, Jl. M.H. Thamrin, Jakarta, Sunday (20/8) (Photo: PR/ Jay)

President Joko ‘Jokowi’ Widodo deplored the misprinting of Indonesian flag in the guidebook of SEA Games’ opening ceremony. The ceremony took place on Saturday (19/8) evening in Malaysia. Therefore, the President awaits official apology from Malaysian Government.

“I have deeply regretted the incident. I wait for official apology from Malaysian Government,” President Jokowi spoke to the journalists after Hand Over of Certificate of Rights over Land of National Strategic Programs of Greater Jakarta, at Park and Ride Field, Jl. M.H. Thamrin, Jakarta, Sunday (20/8) morning.

  • 20 August 2017
  • 233 Views

President Jokowi Monitors Land Certification in Jakarta

President Jokowi delivers Certificate of Land Use Rights as part of the National Strategy Programs of Greater Jakarta, at the Park and Ride Field, Jl. M.H. Thamrin, Jakarta, Sunday (8/20). (Photo: PR/Jay)

President Jokowi delivers Certificate of Land Use Rights as part of the National Strategy Programs of Greater Jakarta, at the Park and Ride Field, Jl. M.H. Thamrin, Jakarta, Sunday (8/20). (Photo: PR/Jay)

President Joko “Jokowi” Widodo argued that compared with other areas, DKI Jakarta is the most common cases of land disputes. “Land disputes between society and society, between society and company, between society and the Government,” President Jokowi said when delivering Certificate of Land Use Rights of the National Strategy Programs of Greater Jakarta, at the Park and Ride Field, Jl. M.H. Thamrin, Jakarta, Sunday (8/20) morning.

President Jokowi gave an example, saying that one field has three to four certificates. As a result, there was a dispute. For example, the Jakarta Government, former West Jakarta Mayor, lost. “Just imagine. The Government alone lost,” the President said.

  • 19 August 2017
  • 230 Views

UN Verifies Names of 16,056 Indonesian Islands

pulauThe United Nations Group of Experts on Geographical Names (UNGEGN) has verified the names of 16,056 islands owned by Indonesia.

Previously, the Delegation of the Republic of Indonesia had earlier listed the names of 2,590 islands with the UN during the 30th UNGEGN meeting and the 11th UN Conference on Geographical Name Standardization held at the UN Headquarters, New York, on August 7-18 2017.

  • 17 August 2017
  • 533 Views

President Jokowi Appreciates the Fast Construction of Semanggi Interchange

President Jokowi accompanied by Governor of Jakarta presses a siren marking the inauguration of Semanggi Interchange, Jakarta, Thursday (17/8) evening (Photo: GUN/PR)

President Jokowi accompanied by Governor of Jakarta presses a siren marking the inauguration of Semanggi Interchange, Jakarta, Thursday (17/8) evening (Photo: GUN/PR)

President Joko ‘Jokowi’ Widodo accompanied by First Lady Ibu Iriana Joko Widodo, Governor of DKI Jakarta Djarot Saiful Hidayat, Minister of Transportation Budi K. Sumadi, and Minister of Public Works and Public Housing Basuki Hadimuljono, inaugurated Semanggi Interchange, Semanggi, Jakarta, on Thursday (17/8) evening.

“With the blessing of God the Almighty, I inaugurate Semanggi Interchange,” President Jokowi said before pressing the button of siren followed by opening the curtain that covered the Interchange.

The President then signed an inscription and looked at an Educational Board, located at Semanggi Park, that become the mark of the Interchange. Every alphabet of the educational board tells the history of the construction, the figures involving in the construction, as well as the past and current technologies used in the construction.

  • 16 August 2017
  • 584 Views

State Budget Bill 2018: Gov’t Set Target of Economic Growth of 5.4%, State Expenditures of Rp2,204.4 Trillion

President Jokowi and Vice President Jusuf Kalla accompanied by Vice Speaker of the House of Representatives Fadli Zon enter the Nusantara Building, Jakarta, Wednesday (16/8) afternoon. (Photo: Anggun/PR)

President Jokowi and Vice President Jusuf Kalla accompanied by Vice Speaker of the House of Representatives Fadli Zon enter the Nusantara Building, Jakarta, Wednesday (16/8) afternoon. (Photo: Anggun/PR)

The Government has set a target of economic growth for the 2018 fiscal year of 5.4 percent, the inflation rate of 3.5 percent, the rupiah exchange rate against USD at Rp13,500, the average interest rate of the 3-month Government Treasury Treasury Bill of 5.3 percent, the average oil price assumption of USD48 per barrel, oil and gas export volume of 2 million barrels per day, and crude oil production to the tune of 800 thousand barrels per day and natural gas of 1.2 million barrels per day.

President Joko “Jokowi” Widodo delivered the figures in his speech on the presentation of the Government Statement on the Bill on the State Budget (APBN) for the 2018 Fiscal Year and its Financial Note, before the Plenary Session of the House of Representatives of the Republic of Indonesia (DPR RI), at the Nusantara Building, Jakarta, Wednesday (16/8) afternoon.

  • 16 August 2017
  • 956 Views

Be Confident, We Have Huge Potentials, President Jokowi Says in State Address

President Jokowi accompanied by First Lady Ibu Iriana poses for a group photo with the heads of State Institutions at the Nusantara Building of the House of Representatives Jakarta on Wednesday (16/8)

President Jokowi accompanied by First Lady Ibu Iriana poses for a group photo with the heads of State Institutions at the Nusantara Building of the House of Representatives Jakarta on Wednesday (16/8)

Indonesia is a big nation. Indonesia is big not only because of its population of more than 250 million people. Indonesia is big not because it has around 17,000 islands. Indonesia is big not only because of its abundant resources but it has stood the test of time and because it is able to remain united until we reach our 72nd anniversary of independence.

The statements were made by President Joko “Jokowi” Widodo in the State Address on the Occasion of the 72nd Anniversary of the Proclamation of Independence of the Republic of Indonesia Before the Joint Session of the Regional Representatives Council of the Republic of Indonesia and the House of Representatives of the Republic of Indonesia.

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