Indonesia's budget deficit widened Rp 479.7 trillion (US$29.98 billion) or 2.02 percent of GDP in October 2025, heightening concerns about the country's fiscal health. This marks a sharp increase from the Rp 309.2 trillion deficit, or 1.37 percent of GDP, recorded during the same period last year. The shortfall has been further pressured by sluggish state revenues as the government had collected only Rp 2.1 quadrillion by Oct. 31, equivalent to 73.7 percent of this year's revenue outlook.

The presence of the Indonesia Morowali Industrial Park (IMIP) Private Airport in Morowali Regency, Central Sulawesi, has sparked controversy after Defense Minister Sjafrie Sjamsoeddin asserted that the facility operates without proper state oversight. The issue appears to reflect a broader debate among state institutions, revealing friction between figures from the previous administration and the current government.

Last month, President Prabowo Subianto skipped the G20 summit in Johannesburg, South Africa, undermining his claim to be a champion of multilateralism as well as his chances of assuming the vacant leadership of the Global South.

On Nov. 25, flash floods triggered by Cyclone Senyar struck Sumatra, severely damaging Aceh, North Sumatra, and West Sumatra. Two weeks later, more than 3 million people had been affected, with 1 million displaced, 836 dead, 518 still missing, and some 2,700 injured as of 16.00 Western Indonesia Time (WIB) on Dec. 4.

Patrick Walujo has stepped down as CEO of GoTo Gojek Tokopedia Tbk (GoTo), a move that appears to open the way for accelerated acquisition talks with Grab. Several major GoTo backers—including SoftBank, Provident, and Peak XV—were reported to have pushed for his removal, believing he had resisted the proposed takeover. The company has since announced its chief operating officer, Hans Patuwo, as the leading candidate to replace Patrick. The leadership transition comes at a sensitive moment for GoTo, amid persistent merger rumors that have reportedly drawn the attention of the Palace.

As the current administration continues its crackdown on financial crimes during President Prabowo Subianto 's first year in office, the corruption investigation targeting Victor Hartono, executive director of private tobacco giant PT Djarum, remains one of the most significant cases mounted by the Attorney General's Office (AGO).

Following public outcry, President Prabowo Subianto granted rehabilitation to three former executives of state-owned enterprise (SOE) PT ASDP Indonesia Ferry convicted in the corruption case surrounding the company's acquisition of ferry operator PT Jembatan Nusantara (JN). For many observers, the prosecution of former president director Ira Puspadewi and two other executives epitomize the criminalization of business judgment.