Indonesia economy

The move came after the state budget allocation for fuel subsidies jumped from $10 billion to nearly $34 billion.

Indonesia’s accession to the 15-nation agreement is a reminder of the extent to which economics is a priority for many Asia-Pacific nations.

Coming after two years of pandemic-induced deficit spending, the budget assumes a strong return to growth and revenue potential in the years to come.

The strong track record of the bank's leadership, and the broader optimism about the future of digital banking in Indonesia, have combined to raise investors' expectations.

With its presidency of the G-20 this year, the country is finally beginning to fulfill its potential as a regional and global leader.

Despite the shadow of the war in Ukraine, Indonesia intends to use its chairmanship of the grouping to boost the recoveries of the world's less advanced economies.

The arrangement will help keep the partly state-owned airline airborne for the foreseeable future.

As Indonesian box office sales continue to rise, so too is the demand for locally produced films.

Intended to control soaring domestic cooking oil prices, the Indonesian government's ban has had a series of unintended consequences.

Palm oil firms chasing export profits were driving up costs for consumers, creating a potential political headache for the government.

Inflation and rising commodity prices have assisted some countries' recovery, while holding back others.