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The current account is an important indicator of an economy's external sector. It is defined as the sum of the balance of trade (goods and services exports minus imports), net income from abroad, and net current transfers.
In 2019, as Indonesia's share of global trade exceeded 0.5 percent, the United States Trade Representatives decided not to classify Indonesia as a "developing country." [ 139 ] Despite a revocation of this status, the Indonesian government has assured that this would not change the current Generalized System of Preferences facilities that ...
21 October 2015: In the Joint Commission for Bilateral Cooperation (JCBC) meeting between Indonesia and Mongolia in Jakarta, Indonesia's Foreign Affairs Deputy Minister, A.M. Fachir and Mongolia State Secretary/Acting Foreign Affairs Vice Minister, Damba Gankhuyag are planning to arrange a mutual reciprocal visa waiver for holders of ordinary ...
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
Dana is a digital financial service based in Jakarta, Indonesia, which acts as a digital payment to replace conventional wallets.Founded in 2018, Dana is a digital wallet registered with Bank Indonesia with four licenses including electronic money, digital wallet, money transfer, and digital financial liquidity.
Gaikindo Indonesia International Auto Show (GIIAS), the largest auto show in Southeast Asia. The automotive industry in Indonesia plays an important role to the economic growth of the nation, contributing 10.16 per cent of the GDP. [1] Indonesia automotive product exports is currently higher in value than their imports. [2]
The Directorate General of Civil Aviation (Direktorat Jenderal Perhubungan Udara, lit. ' Directorate General of Air Transportation ') is a Directorate General under the control of the Ministry of Transportation of the Republic of Indonesia, which oversees the administration of civil aviation throughout the nation.
The minister of finance of the Republic of Indonesia (Indonesian: Menteri Keuangan) is the head of the Indonesian Ministry of Finance. The minister is tasked with organizing government affairs in the field of state finances to assist the President in administering state government.