#Economics
Economist warns of worsening Indonesia's debt crisis
Indonesia's national debt has reached alarming levels, raising concerns over the country's financial stability, economist Anthony Budiawan has warned.
Indonesia’s push for DME faces economic hurdles: Expert
An analyst has questioned the feasibility of President Prabowo Subianto’s instruction to the National Energy Resilience and Downstream Task Force to revive coal gasification of dimethyl ether (DME) projects in Sumatra and Kalimantan, which is aimed at reducing Indonesia’s reliance on liquefied petroleum gas (LPG) imports is questionable.
KLH to announce expert findings on Lido KEK environmental damage next week
The Ministry of Environment (KLH) said that they would announce results of experts’ examination on the Lido Special Economic Zone (KEK) development issue within the next week.
Indonesia poised to lead regional CCS initiative: Expert
Indonesia has the potential to lead in Carbon Capture and Storage (CCS) technology in the Asia-Pacific region, with significant geological advantage of having an estimated storage capacity of up to 603 gigatons of carbon dioxide beneath its surface, an Expert says.
Indonesia pushes CCS technology for sustainable economic growth
The government has emphasized that the country’s economic growth target of 8 percent must align with environment responsibility, focusing on Carbon Capture and Storage (CCS) technology as solution to reducing carbon emissions.
MIND ID sets example on combined CSR-CER programs
State-owned mining holding company MIND ID combines Corporate Social Responsibility (CSR) and Corporate Environmental Responsibility (CER) programs as example of mining industry’s contribution to regional economic growth and social welfare.
Economists warn of challenges, implications of free nutritional meals policy
The Free Nutritious Meals (MBG) program, a major initiative by the Prabowo Subianto-Gibran Rakabuming Raka administration, has drawn concerns from economists and policymakers over its financial sustainability and implementation challenges.
President Prabowo asked to be transparent on budget cuts for ministries, agencies
The Centre for Budget Analysis (CBA) has called on President Prabowo Subianto to provide a transparent explanation regarding the recent budget cuts across various ministries and state agencies, following the issuance of Presidential Instruction No. 1/2025 on Expenditure Efficiency in the Implementation of the State Budget (APBN) and Regional Budget (APBD) for the 2025 Fiscal Year.
Indonesia told to improve business environment to achieve high-income status
Indonesia must enhance its business environment to accelerate economic growth and escape the middle-income trap, according to Norman Loaiza, Director of the Global Indicators Group at the World Bank Group. Speaking at the launch of the Business Ready (Be Ready) Report, Loaiza highlighted key areas where Indonesia needs improvement to attract investments and foster a dynamic private sector.
Rosan stresses Indonesia’s 8-percent growth target by 2029 at World Bank event
Minister of Investment and Downstream/Head of the Investment Coordinating Board, Rosan P. Roeslani, renews the Indonesian government’s commitment to achieve 8-percent economic growth by 2029 driven by investment and industrial transformation.
Just Energy Transition Partnership (JETP): A failed initiative or unfulfilled promise?
Hashim S. Djojohadikusumo, Indonesia’s Special Presidential Envoy for Climate and Energy, recently expressed strong reservations about the effectiveness of the Just Energy Transition Partnership (JETP), calling it a "failed program." At the CNBC Indonesia ESG Sustainability Forum 2025, Hashim remarked, “It has been running for two years, yet not a single dollar has been disbursed by the U.S. government. It turned out to be just empty talk.”
House passes Law on State-owned Enterprises
The House of Representatives (DPR) passed the third amendment bill to Law No. 19/2003 on State-Owned Enterprises (SOEs) into law during the 12th Plenary House Session Period of Session Year 2024-2025 at the Nusantara II Building in Senayan, Central Jakarta on Tuesday, February 4, 2025.