Latest News

Search:
jakarta
September 26, 2026

The government’s flagship free nutritious meal program is facing an escalating crisis of public confidence as recurring food-poisoning outbreaks sweep the country. Yet despite mounting casualties, growing demands for accountability and urgent calls for a moratorium, the government has shown no intention of pausing the rollout.

September 25, 2026

The government’s plan to spend an estimated Rp 11 trillion (US$619 million) opening bank accounts for more than 200 million Indonesians aged 17 and above is difficult to justify when fiscal space is already tight and financial inclusion has reached 93.61 percent. If the objective is to reach the unbanked or improve the delivery of social assistance, there is little reason to give new accounts to almost every adult, including those already banked. Scarce public funds should be targeted at people who actually need them.

September 24, 2026

Indonesia’s long-standing ambition to build a high-speed rail network has evolved from a national prestige project into a potential fiscal burden. Whoosh’s continuing losses and mounting debt have already drawn the Finance Ministry closer to backstopping the project. Given its history of delays, cost overruns and overly optimistic projections, the question is whether Whoosh can deliver sufficient economic benefits or become a noose around Indonesia’s already stretched fiscal capacity.

September 23, 2026

The Finance Ministry and state asset fund Danantara are at odds over who controls dividends from state-owned enterprises (SOEs), exposing an unresolved question at the heart of Indonesia's new state-asset architecture. Before Danantara was created, SOE dividends were paid to the state and recorded as non-tax revenue. Under the new framework, Danantara manages the shares and assets transferred to it and can use returns from those assets for investment and capital injections. Part of its eventual profits is to be transferred to the state after provisions for investment risks and capital accumulation. The dispute therefore is not simply about whether the government can receive SOE dividends, but about when and through what mechanism those funds should reach the state budget.

September 22, 2026

Agus Harimurti Yudhoyono's recent political messaging can be interpreted as an attempt to achieve a delicate balancing act: positioning himself and the Democratic Party as a critical voice within government without crossing the line into outright opposition. It is a strategy born from both opportunity and necessity. For Agus, the political challenge is obvious. While he remains one of Indonesia's most recognizable younger politicians, he has not consistently appeared among the top-tier contenders in most discussions about the 2029 presidential election.

September 21, 2026

Purbaya Yudhi Sadewa was removed as finance minister after just over a year in office, marking the second time President Prabowo Subianto has replaced the country’s finance minister in less than two years. Prabowo appointed former deputy finance minister Suahasil Nazara to replace him, making Suahasil the third person to hold the position since Prabowo took office. The abrupt change followed months of contentious reforms, fiscal policies and plans that increasingly brought Purbaya into conflict with officials within the Finance Ministry and with other institutions.

September 19, 2026

Indonesia faces an unfortunate fiscal paradox: Just as the government has cut disaster-mitigation funding to the bone, disasters have struck with unforgiving regularity. President Prabowo Subianto himself has acknowledged that disasters are part and parcel of life in the archipelago. Yet his administration has slashed the National Disaster Mitigation Agency’s (BNPB) budget to just Rp 491 billion (US$28 million) this year, raising a fundamental question: How much can Indonesia afford to save on preparing for disasters?