Indonesia's President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion) this year, a finance ministry spokesperson told Reuters on Thursday.Prabowo has frequently highlighted the need for efficient spending under his administration.
In the first phase, Indonesia gradually reduced KUR interest rates and expanded the pool of recipients, opening doors for MSMEs underserved by financial institutions, increasing the volume of loans, and boosting MSMEs’ confidence in using KUR financing to expand their businesses.
Flash flooding and landslides on Indonesia’s main island of Java have killed at least 21 people and damaged villages and rice fields.
JAKARTA: Indonesia's free meal programme has reached 650,000 school children in 31 provinces, according to President Prabowo Subianto.
Indonesia, having worked with China to drive competitors out of the nickel industry market, is now working on a plan to cut production to boost the price.
(Reuters) -Copper miner Freeport-McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this year, sending the company's shares down more than 4%.
Indonesia Landslide Death Toll Rises To 21
The Indonesian Trade Ministry discussed cooperation opportunities to enhance the competitiveness of Indonesian halal products in the Australian market with
TEMPO.CO, Jakarta - The Deputy Chair of the Indonesian Ulema Council (MUI), Anwar Abbas, spoke out regarding U.S. President Donald Trump's plan to relocate the Palestinians in Gaza to Indonesia. He mentioned that there is something questionable behind Trump's humanitarian idea.
President Prabowo Subianto’s about-turn on membership of the economic grouping is about status rather than material gains.
Paulus company was awarded the contract to produce 44 percent of the e-ID cards under a project valued at Rp 5.9 trillion.
Indonesia's President Prabowo Subianto has instructed his government to cut spending by 306.7 trillion rupiah ($18.8 billion) this year, a finance ministry spokesperson told Reuters on Thursday.