Workers working on the Jakarta-Bandung High-Speed Train project at Halim Station, East Jakarta, Indonesia. Galih Pradipta/Antara Foto May 3, 2023 Indonesia should reject China’s request to put state budget as collateral for Jakarta-Bandung high-speed train project Muhammad Zulfikar Rakhmat, Center of Economic and Law Studies (CELIOS) and Yeta Purnama, Center of Economic and Law Studies (CELIOS) Using the state budget as collateral it is too risky a move when it comes to dealing with Beijing.
mikecohen/flickr May 8, 2020 Indonesia’s government bonds to fight off COVID-19 will burden future generations Nurhastuty K. Wardhani, Trisakti University A large part of the debt the Indonesian government is taking on to fight the COVID-19 pandemic is as a 50-year loan in US dollars. That could create a big problem in coming decades.
Five new things in the 2020 state budget that will impact Indonesian citizens and taxpayers. www.shutterstock.com October 16, 2019 5 things you need to know from Indonesia’s 2020 state budget Muhamad Iksan, Paramadina University Indonesia’s state budget (APBN) for 2020 was signed into law without any meaningful resistance. It allocates US$180 billion for the next fiscal year.