Coordinating Minister for Economic Affairs Airlangga Hartarto welcomed Indonesia’s achievement on a trade balance surplus of US$161.3 million in October this year. “This achievement indicates that various programs implemented by the Government are going in the right direction,” Airlangga stated at his office, Jakarta, Friday (15/11). The statement was made in response to data released […]

As part of his working visit to Lampung Province, President Joko “Jokowi” Widodo on Friday (15/11) inaugurated the Terbanggi Besar – Pematang Panggang – Kayu Agung Trans Sumatra Toll Road at Simpang Pematang Toll Gate KM 240, Mulya Agung Village, Simpang Pematang District, Mesuji Regency, Lampung Province. The newly inaugurated toll road spans across 189 […]

The Central Statistics Agency (BPS) has reported that Indonesia’s export value stood at US$14.93 billion in October 2019, increasing by 5.92 percent compared to that in September 2019 at US$14.09 billion. Meanwhile, Indonesia’s import is at US$14.77 billion in October, rising by 3.75 percent compared to that in September 2019.

President Joko “Jokowi” Widodo on Friday (15/11) accompanied by a number of Government officials paid a working visit to Lampung provinces to inaugurate Trans-Sumatra toll road. President Jokowi and his entourage departed at 08.10 a.m. Western Indonesia Time, from Halim Perdanakusuma Air Force Base in East Jakarta to Radin Inten II Airport in Bandar Lampung, […]

The focus of the Government for the next five years is to develop human capital, President Joko “Jokowi” Widodo has stated. As for the infrastructure development that has been massively boosted in the past five years, according to the President, it will continue to build with slightly different priorities.

President Joko “Jokowi” Widodo on Thursday (4/11) at the State Palace, Jakarta handed over Budget Execution Lists (DIPA), Regional Transfer Funds, and Village Funds lists to ministries and institutions, as well as and regional leaders. President Jokowi expressed hope that following the distribution of DIPA amounting to Rp909 trillion for ministries and institutions and Rp556 […]

The National Medium-Term Development Plan (RPJMN) for 2020-2024 period should set measurable goals towards a developed Indonesia, President Joko “Jokowi” Widodo has said. “The document should set a clear direction, have a measurable target and bring real impacts for our people. The target should be truly measurable and well calculated and must take into account […]

The State Budget (APBN) will only serve as a stimulant for Indonesia’s 2020 ‐2024 National Medium‐Term Development Plan (RPJMN), according to President Joko “Jokowi” Widodo. “Therefore, the Government will strive to build investors’ trust to Indonesia,” Presidential Spokesperson Fadjroel Rachman said quoting the President’s statement in a press conference at the Presidential Palace, Jakarta, Thursday […]

In a bid to accomplish national goals, President Joko ‘Jokowi’ Widodo has urged his Government to eliminate the so-called ‘sectoral ego’. “This is a teamwork, not individual work. Great works to help us achieve our national goals,” President Jokowi said during the handover the Budget Implementation List (DIPA), Regional Transfer Funds and Village Funds to […]

The Government has decided to cut annual interest rate for Smallholder Business Credit (KUR) from 7% to 6% per year and increase the ceiling for KUR from Rp140 trillion to Rp190 trillion. “The maximum credit ceiling for Micro KUR has also increased from initially Rp25 million to Rp50 million per debtor. The policy will be […]