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The assumption for the rupiah in 2025 was slightly strengthened to 16,000 per dollar from 16,100. The target for oil lifting was raised from to 605,000 barrels per day (bpd) from 600,000 bpd.
The budget deficit is forecast at 2.53% of GDP, down from an estimated 2.70% in 2024 and comfortably below a limit of 3% legislated in Southeast Asia's largest economy. ... The 2025 budget ...
In commodities, oil prices were soft as investors fretted about Chinese demand ahead of the Fed meeting. [O/R] U.S. West Texas Intermediate crude was down 1% at $70.04 a barrel, while Brent crude ...
Indonesia nominal GDP reached 20.892 quadrillion rupiah ($1.371 trillion) in 2023, it is the 16th largest economy in the world by nominal GDP and the 8th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. [34]
The rupiah fell from Rp4,085 to Rp5,650 per dollar in the space of a single week. By the middle of the month, 154 banks, comprising half of the banking system, had suffered bank runs. By Christmas Eve, the rupiah stood at 5,915 per dollar, a fall of 60% since July. The New Year had the rupiah begin at Rp5,447 per dollar.
The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market. [ 2 ] GRP are the amount of remuneration received by factors of production participating in the production process in a region within a certain period of time ...
JAKARTA (Reuters) -Indonesia will leave enough fiscal room in the 2025 budget for incoming president Prabowo Subianto's multi-billion free school meal programme, while ensuring the country's track ...
The first 'Indonesian rupiah' bank notes bore the date of the rupiah's proclamation, 17 October 1945, under the authority of the newly-formed republic, and were put in circulation in Java starting from 10 October 1946. The notes were in denominations of 1 cents, 5 cents, 10 cents, 50 cents, Rp1, Rp5, Rp10, and Rp100. [3]