Tax Revenue Plummets, State Budget Increasingly Dependent on Debt
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Tax Revenue Plummets, State Budget Increasingly Dependent on Debt
JAKARTA, KOMPAS — The realization of tax revenue as the main source of government budget will plummet in 2025. Meanwhile, spending will continue to be pushed in accordance with targets. As a result, the deficit will widen. This structural issue places the State Budget increasingly dependent on debt»»»
World Bank backs Indonesia’s village upgrade program: Govt
Jakarta (ANTARA) - The World Bank has pledged US$800 million to support Indonesia’s plan to upgrade 15,000 developed villages into independent ones, the Ministry of Villages and Development of Disadvantaged Regions said on Monday. Minister Yandri Susanto said the funding amounts to about Rp550 mill»»»
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