#Finance
Finance ministry seeks Rp52 trillion budget for 2026 despite prior cuts
Finance Minister, Sri Mulyani Indrawati, has proposed an expanded budget of Rp52.02 trillion (US$3.21 billion) for the 2026 fiscal year, marking an increase of Rp4.88 trillion (US$301.2 million) from the initial indicative ceiling of Rp47.13 trillion (US$2.91 billion).
House approves 2026 economic growth target of 5.2–5.8 percent
Finance Commission XI of the House of Representatives (DPR) has approved the government's proposed 2026 economic growth target, setting the figure between 5.2 and 5.8 percent, higher than the 5 percent projected for 2025.
Without clear funding scheme, investors will "smile, nod, then flee”: Sri Mulyani
Minister of Finance Sri Mulyani Indrawati has highlighted a critical gap in Indonesia’s infrastructure development − the lack of credible funding plans −which she says is the main reason private investors remain hesitant to engage in large-scale national projects.
Expert warns regulatory gaps threaten crypto, forex investment climate in Indonesia
A legal expert has raised concerns over ongoing regulatory gaps upon the implementation of Law No. 4/2023 on the Development and Strengthening of the Financial Sector, warning that these gaps pose serious risks to the rapidly growing cryptocurrency and forex industries in Indonesia.
Sumitronomics approach seen as key to boosting RI's sustainable economic growth
A senior economist expresses his belief that economic principles of "Sumitronomics" could play a vital role in accelerating Indonesia's economic growth, citing that many ideas from Indonesia’s renowned economic thinker, Sumitro Djojohadikusumo, remain highly applicable in today's context.
Paylater and online loans surge to over Rp110 T during Idul Fitri
The value of buy now, pay later (BNPL) debt in Indonesia reached Rp29.59 trillion (US$1.8 billion) in April 2025, coinciding with the Idul Fitri holiday season, while outstanding online loans (known as pinjol) soared to Rp80.94 trillion, according to the Financial Services Authority (OJK).
Indonesia to ease green financing for manufacturers as part of net zero roadmap
The Indonesian Ministry of Industry is preparing a new regulation aimed at improving access to green financing for manufacturers looking to transition toward more sustainable, environmentally friendly operations.
AdaKami praises adjustment of “Pinjol” interest rate set by OJK
An industry player has praised the Financial Services Authority (OJK) for adjusting the maximum interest rate on consumer fintech online lending platforms (pinjol) − with maximum daily interest at 0.3 percent for tenors under six months and 0.2 percent for tenors over six months − that will take effect on January 1, 2025.
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.
BI purchases Rp70.74 trillion in government bonds to stabilize rupiah
The Indonesian Central Bank (BI) noted that it has purchased government securities (SBN) worth Rp70.74 trillion (US$4.3 billion) to maintain the stability of the rupiah exchange rate. SBN purchases have been particularly intensive in the past month.
Danantara to manage up to US$35.2 B annually from extractive, alm oil levies
The Investment Management Agency Daya Anagata Nusantara (Danantara) is poised to become administrator of levies taken from extractive industries, particularly coal, nickel and palm oil, which are expected to generate funds for Indonesia’s transition from fossil fuels to clean and renewable energy.