#Global Economy
Sustainability is “no longer a moral choice”, it’s an “economic imperative”
Indonesia balances rapid economic growth with environmental and social consequences of its extractive industries amid growing global awareness of sustainability.
China could overtake the U.S. as the world’s largest economy by 2045: Economist
China is on track to surpass the United States as the world’s largest economy by 2045, said Prof. Justin Yifu Lin, former Chief Economist at the World Bank.
Airlangga: U.S. government shutdown stalls Indonesia-U.S. trade negotiations
The ongoing government shutdown in the United States has temporarily halted trade negotiations between Indonesia and the U.S., Coordinating Minister for the Economy Airlangga Hartarto confirmed on Tuesday, October 7, 2025.
President Prabowo underlines BRICS' strategic role in global stability
Prabowo Subianto highlighted the critical role of BRICS as a key pillar of global stability during his address at the BRICS Leaders Virtual Meeting on Monday, September 8, 2025, emphasizing its emergence as significant force in the global geopolitical landscape, especially amid ongoing instability worldwide.
BI cuts rate to 5 percent for third time this year
The Indonesian Central Bank (BI) on Wednesday lowered its benchmark interest rate by 25 basis points to 5 percent, marking the third cut this year as the central bank seeks to spur growth amid controlled inflation and a stable outlook.
Prabowo’s 2026 State Budget: Optimism amid global economic challenges
President Prabowo Subianto’s administration has presented the 2026 State Budget (RAPBN), targeting a growth rate of 5.2–5.8 percent and aiming to keep the fiscal deficit at 2.53 percent of GDP.
President Prabowo leads strategic economic briefing amid global uncertainty
President Prabowo Subianto chaired a closed-door meeting with the National Economic Council (DEN) at his private residence in Hambalang, Bogor Regency, on Thursday, July 31, 2025, focusing on evaluating the national economic landscape and setting the government’s strategic policy direction for the future.
Indonesia asked to overhaul negotiation strategy amid tariff dispute with U.S.
Indonesia must abandon its outdated and fragmented approach to international trade negotiations if it hopes to secure significant tariff reductions from the United States, according to Achmad Nur Hidayat, an economist and public policy expert at the National Development Veteran University Jakarta.
Trump reinstates reciprocal tariffs on 14 nations, including Indonesia, starting August
U.S. President Donald Trump has announced the reimposition of reciprocal import tariffs on 14 countries, including Indonesia, effective Friday, August 1, 2025.
Government to conduct fit-and-proper test for U.S, Japan Ambassador nominees
The House of Representatives (DPR) has received namesof government's nominees for ambassadorial posts, in particular the United States, a position that has remained vacant amid mounting geopolitical pressures.
Government poised to appoint new ambassador to U.S. after two-year vacancy
The government is set to fill one of its most critical diplomatic posts, nearly two years after the ambassadorial seat in Washington, D.C. was left vacant.
U.S.-Iran conflict threatens Indonesia’s economy, Expert warns
Rising tensions between the United States and Iran pose a serious threat to Indonesia’s economic stability, said Syafruddin Karimi, an economist at Padang-based Andalas University.