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1 January – An increase in the value-added tax (VAT) rate to 12% is put into effect on luxury goods and services or those that fall into the luxury tax category. [1] 6 January. Indonesia is fully admitted as a member state of the BRICS group. [2] The Free Nutritious Meal (MBG) program of the Prabowo administration is officially started. [3]
Indonesia's President-elect Prabowo Subianto will keep to budget spending levels already approved for 2025, a senior member of his incoming administration told Reuters, after worries about the ...
Discount Rate: The cost of capital (Debt and Equity) for the business. This rate, which acts like an interest rate on future Cash inflows, is used to convert them into current dollar equivalents. This rate, which acts like an interest rate on future Cash inflows, is used to convert them into current dollar equivalents.
In 2012, Indonesia was the second fastest-growing G-20 economy, behind China, and the annual growth rate fluctuated around 5% in the following years. [ 39 ] [ 40 ] Indonesia faced a recession in 2020 when the economic growth collapsed to −2.07% due to the COVID-19 pandemic , its worst economic performance since the 1997 crisis.
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 ...
Bank rate, also known as discount rate in American English, [1] and (familiarly) the base rate in British English, [2] is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some countries as ...
A clash between Donald Trump and the Fed could develop in 2025 if the Fed pulls back on any expected interest rate cuts due to elevated inflation. Some economists expect Trump's policies to make ...
The social discount rate is a reflection of a society's relative valuation on today's well-being versus well-being in the future. The appropriate selection of a social discount rate is crucial for cost–benefit analysis, and has important implications for resource allocations.