Indonesian Political, Business & Finance News

Yesterday's Economy: April Fiscal Performance and National Vocational Training

| Source: ANTARA_ID Translated from Indonesian | Economy
Yesterday's Economy: April Fiscal Performance and National Vocational Training
Image: ANTARA_ID

Important note: tomorrow there will be the APBN KiTA, the APBN KiTA report up to April. The result is good and surely beyond what observers predicted. Jakarta (ANTARA) - A range of economic events occurred on Monday (18 May) that remain timely and relevant to be revisited on Tuesday. Here is a digest of select news summaries for today.

Purbaya: April 2026 fiscal performance exceeded observers’ predictions

Finance Minister Purbaya Yudhi Sadewa said that the APBN KiTA (Kinerja dan Fakta) for the April 2026 period shows Indonesia's fiscal performance is in good shape and exceeds observers' forecasts.

KESDM says there are no changes to subsidised LPG prices despite rupiah weakening

The Ministry of Energy and Mineral Resources (KESDM) said there were no changes to the price of subsidised LPG, namely LPG 3 kg, even as the rupiah against the US dollar weakened.

Celios: Risk of industry layoffs must be anticipated as a result of rupiah depreciation

The Centre of Economic and Law Studies (Celios) cautions that the risk of job cuts in industry due to rupiah depreciation against the US dollar must be anticipated through various government strategic policies.

BI Governor optimistic rupiah will stabilise

The Governor of Bank Indonesia (BI), Perry Warjiyo, is optimistic that the rupiah against the US dollar will return to stability. “Confident of stability,” Perry said after attending a limited meeting with President Prabowo Subianto at the Presidential Palace complex, Jakarta, Monday.

National Vocational Training Phase II opens 19 May 2026

The Ministry of Manpower (Kemnaker) opened the National Vocational Training Programme for 2026 Phase II from 19 May to 9 June 2026.

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