The Jakarta Post reports approved 2027 spending of Rp 4.1 quadrillion and revenue of Rp 3.4 quadrillion.
The Jakarta Post reports that the House passed the 2027 state budget bill into law. Approved spending is Rp 4.1 quadrillion and revenue is Rp 3.4 quadrillion—up about 4% and 7%, respectively, from the latest estimates for the 2026 budget.
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The Jakarta Post reports that BI held its rate despite a US Federal Reserve hike a week earlier. Rather than raise rates to defend the rupiah, it strengthened incentives for investors to hedge currency exposure.
The Jakarta Post reports that leaders of the Indonesian Sugarcane Farmers Association (APTRI) complained that imports would keep prices depressed.
