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News
Bank Accounts for 200 Million Indonesian People
4+ day, 13+ hour ago (922+ words) September 10, 2026 | 06:29 am TEMPO.CO, Jakarta - Earlier this week, a proposed new policy suddenly captured the public's attention. Amidst the flurry of news regarding natural disasters, the latest announcement from the Palace—a plan to ensure every Indonesian citizen aged 17 and…...
Report: Indonesia Far from Exiting Middle Income Trap - News En.tempo.co
4+ day, 21+ hour ago (807+ words) September 9, 2026 | 11:06 pm TEMPO.CO, Jakarta - A new study by the Asian Development Bank Institute (ADBI) reveals that Indonesia is still relatively far from escaping the middle income trap, with a probability score of 0.44 compared to the threshold of 0.6, according to…...
Why Is Indonesia Preparing to Open over 200 Million New Bank Accounts?
4+ day, 23+ hour ago (664+ words) September 9, 2026 | 09:00 pm This plan is part of President Prabowo Subianto's bid to strengthen financial inclusion and financial literacy levels in the country by ensuring each citizen has a bank account. The funds will come from the State Budget, with each…...
Indonesia Boosts 2027 Budget Target by Rp9.1 Trillion
6+ day, 1+ hour ago (484+ words) TEMPO.CO, Jakarta - A joint meeting between the House of Representatives (DPR) Budget Committee (Banggar) and the government has agreed on a revised posture for the draft 2027 State Revenue and Expenditure Budget (RAPBN). Both state expenditure and revenue targets have…...
What Is Destry Damayanti's Mission as Bank Indonesia Governor Candidate?
2+ week, 5+ day ago (735+ words) August 26, 2026 | 01:37 pm TEMPO.CO, Jakarta - Destry Damayanti, candidate for Governor of Bank Indonesia (BI), underwent the fit and proper test at the Commission XI of the House of Representatives (DPR) today, Wednesday, August 26, 2026. The woman, who is also the senior…...
Why Bank Indonesia Held Its BI Rate at 5.75 Percent
3+ week, 5+ day ago (961+ words) August 19, 2026 | 03:57 pm BI also maintained the deposit facility interest rate at 4.75 percent and the lending facility interest rate at 6.5 percent. The central bank’s decision follows the outcomes of its monthly board meetings in May, June, and July 2026. During those sessions,…...
Patching Fiscal Holes
4+ week, 2+ day ago (628+ words) August 15, 2026 | 03:41 pm TEMPO.CO, Jakarta - As dusk approached, a long line of vehicles snaked around the Mitra gas station on Jalan Frans Seda in Kupang, East Nusa Tenggara, on Tuesday, August 4, 2026. Motorcycles, private cars, and trucks took turns filling up…...
Is Indonesia's Rp10,293 Trillion Debt Still Safe? Purbaya Responds
1+ mon, 1+ day ago (850+ words) August 13, 2026 | 01:06 pm TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa assesses that the government's debt position remains within safe limits relative to the size of the national economy. This is because Indonesia's debt ratio remains far below the maximum limit…...
Regional Budget Boiling Point
1+ mon, 3+ day ago (357+ words) August 11, 2026 | 04:55 pm But, Suhardi said, the reporting deadline was extremely tight. The letter instructed regional heads to submit the data to the Directorate-General of Regional Financial Development at the Ministry of Home Affairs no later than noon on Monday, July…...
Indonesia's Sharia Finance Assets Projected to Grow 8-11% in 2026
1+ mon, 3+ day ago (595+ words) August 11, 2026 | 07:32 am "A figure of Rp3,131 trillion with 8.56 percent growth is indeed a record. However, a record set by an industry growing from a small base is not an extraordinary achievement," Nur told Tempo on Monday, August 10, 2026. Dian Ediana Rae, the…...