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Article Archive

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The government’s 2019 fiscal position stands in stark contrast with that of the preceding year amid weak global commodity prices and a slowdown in global trade, which contributed to disappointing tax revenue and a wider fiscal deficit. As of November, this year’s tax revenue – which includesRead more..

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Bank Indonesia (BI) held the nation's benchmark interest rate steady at 5 percent on Thursday after cutting the policy rate by a total of 100 basis points (bps) in the second half of this year to fuel economic expansion. Loan growth dropped to 6.53 percent in October, further signaling weak economicRead more..

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TEMPO.CO, Jakarta - Bank Indonesia (BI) stated that one of the strategies to boost the country’s economic growth is through the availability of adequate infrastructures, which is essential in connecting critical sectors such as economic areas, tourism spots, industrial areas, and productionRead more..