Indonesia's Economic Initiatives
5 articles from 1 country
Indonesia plans to deposit an additional 400 trillion rupiah into state banks to ease liquidity. The National Nutrition Agency aims for budget savings without compromising program quality. Meanwhile, the Asian Infrastructure Investment Bank will open a branch in Indonesia, committing $17 billion for development projects and planning a representative office.
Indonesia to implement new cigarette tax layers this year
- Indonesia's Finance Minister Purbaya Yudhi Sadewa confirmed plans to add new excise tax layers for cigarettes this year. - The government and parliament are still discussing the implementation details but aim for enactment within 2026. - Civil society groups oppose the move, arguing it won't eliminate illegal cigarettes and could increase health spending.
Indonesia Eyes 2026 Launch for International Financial Center, Location Under Review
- Indonesia's Finance Minister targets the Indonesia International Financial Center (PFII) to begin operations this year, with the governing regulations still under development. - The PFII law has bee…
Indonesia Approves Bill for World-Class Financial Ecosystem
- Indonesia's House of Representatives has approved the Financial Center Indonesia (PFII) bill, aiming to create a world-class financial ecosystem. - Finance Minister Purbaya Yudhi Sadewa stated the P…
Indonesia and DPR Agree to Establish International Financial Center Law
- The Indonesian government and the House of Representatives (DPR) have agreed to pass the bill establishing the Indonesia International Financial Center (PFII) into law. - The bill was approved in a …
Indonesia's Finance Minister: IIFC to boost investment and create jobs
- Indonesia's Finance Minister emphasizes the role of the Indonesia International Financial Center (IIFC) in boosting productive investment. - The IIFC is expected to create jobs and strengthen nation…