Indonesian Finance Minister Sri Mulyani Indrawati reported that the poverty rate in the country fell to 9.03 percent in 2024 from 9.36 percent in 2023. Similarly, the extreme poverty rate dropped to 0 ...

Finance Minister Sri Mulyani says spending by ministries and government agencies was the main factor driving the sharp rise ...

Despite the challenging year, the government managed to wrap up 2024 with a deficit that is far lower than earlier estimates.

Indonesia's unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion), or 2.29% of GDP, ...

Sri Mulyani praised the figure as "impressive," noting that it significantly outperformed earlier government projections.

Indonesia's unaudited budget deficit for the 2024 fiscal year was 2.29% of GDP, smaller than the finance ministry's earlier ...

Finance Minister Sri Mulyani said the total state revenue target in the 2024 State Budget was Rp2,802.29 trillion.

The government had aimed to collect as much as Rp 2.8 quadrillion (US$172.7 billion) in state revenue last year. As of ...

Indonesia’s unaudited budget deficit for the 2024 fiscal year was reported at 2.29% of the country’s gross domestic product ...

Regarding state revenues last year, the minister affirmed it exceeded the previous year's proceeds, however they fell short ...

Indonesia’s rupiah slumped nearly 1% after President Prabowo Subianto’s surprise decision to scale back a tax hike, prompting ...