financial capacity

Latest news and articles about financial capacity from NEX English

Strengthen Financial Capacity to Address Global Energy Price Fluctuations

Bima Yudhistira Adhinggara, Director of the Economic and Legal Studies Center in Indonesia, emphasized the need to enhance the country's financial capacity amidst global energy price fluctuations. This comes after the government's decision to maintain subsidized fuel prices until the end of 2026, despite rising oil prices due to escalating conflicts in the Middle East.

Highlight Financial Strength of Indonesia's Riau Island

Indonesian Deputy Minister of Home Affairs Bima Arya confirmed that Riau Island province has a strong financial capacity, with local revenues exceeding 54% compared to government transfers. This statement was made during the opening of the 2027 Government Planning Conference.