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UPDATE 2-Indonesia proposes $188 bln 2022 budget with shrinking fiscal deficit

Aug 16 2021

* 2022 budget deficit f'cast at 4.85% of GDP; vs 5.82% in 2021 (Adds comments by analysts)

Indonesia's fiscal plans on track despite virus surge, finmin says

Aug 06 2021

JAKARTA, Aug 6 Indonesia's plans to gradually taper its pandemic-induced fiscal support will not change, even though the government has had to adjust spending plans to fight a devastating new COVID-19 wave, its finance minister told Reuters on Friday.

UPDATE 1-Indonesia monitoring virus impact on companies, spillover risk -finmin

Aug 06 2021

JAKARTA, Aug 6 Indonesian financial authorities are assessing the economic impact of a surge in COVID-19 cases, including the effect on the corporate sector and the spillover risk to the financial system, Finance Minister Sri Mulyani Indrawati said on Friday.

EXCLUSIVE-Delta variant delaying Indonesia's recovery, inflation pressures, rate hike - c.bank chief

Aug 02 2021

JAKARTA, Aug 2 The latest wave of coronavirus infections in Indonesia will now delay inflationary pressures in the economy until late 2022, and the central bank's policy interest rate cannot be raised from record lows before then, its governor told Reuters on Monday.

Indonesia's COVID-19 crisis to test fiscal discipline commitment

Jul 27 2021

JAKARTA Indonesia's worsening COVID-19 crisis is raising pressure on the government to lift spending and widen the budget deficit, even as rating agencies warn any loosening of the country's hard-won fiscal discipline could bode ill for its credit ratings.

UPDATE 1-Indonesia's COVID-19 crisis to test fiscal discipline commitment

Jul 27 2021

JAKARTA, July 27 Indonesia's worsening COVID-19 crisis is raising pressure on the government to lift spending and widen the budget deficit, even as rating agencies warn any loosening of the country's hard-won fiscal discipline could bode ill for its credit ratings.

Asian COVID epicentre of Indonesia extends curbs by a week

Jul 25 2021

JAKARTA (Reuters) -Indonesia extended its COVID-19 restrictions by a week to Aug. 2 on Sunday to try to curb infections, after the government said it would add more intensive care units amid a rise in deaths.

Indonesia extends COVID curbs to July 25 as cases remain high

Jul 20 2021

JAKARTA Indonesia extended its pandemic-linked restrictions to July 25 as the number of coronavirus infections remained high, aiming for a gradual easing of curbs next week if infections drop, President Joko Widodo said on Tuesday.

Gojek-backed Bank Jago aims to leverage tech giant's data

Jul 06 2021

JAKARTA Indonesia's Bank Jago aims to crunch transaction data supplied by local technology giants to create customer profiles and market financial products, as the digital lender targets profitability this year, its chief executive told Reuters.

Indonesia expects COVID-19 cases to rise despite stricter curbs

Jul 03 2021

JAKARTA (Reuters) -The next two weeks are critical for the success of Indonesia's efforts to rein in the coronavirus, as infections could rise until Saturday's tougher curbs, affecting more than 100 million people, begin to show results, a minister said.

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