ECONOMY

President Joko Widodo Instructs Budget Tightening

President Joko Widodo has instructed all ministries and government institutions to tighten their budget spending. On 22 June 2017, he has issued Presidential Instruction No.4/2017 on Efficiency Measures at Ministries/Government Institutions in the Implementation off the State Budget 2017.

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Regulatory uncertainty Impedes 35,000 Program: APLSI Survey

The Indonesian Independent Power Producers Association (APLSI) revealed three challenges faced by the government in developing the electricity sector: Regulatory uncertainty, lack of coordination between ministries and management issues in the 35,000 MW Program, according to the association’s survey held in cooperation with PwC Indonesia, recently. 

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Parliament Probes PT PLN over Failed 10,000 MW Program

The House of Representatives Commission VII scrutinized PT PLN, following the finding from the Supreme Audit Agency (BPK) that the state-run electricity company has not collected bills from contractors that executed the 10,000 MW Program launched by former president Susilo Bambang Yudhoyono.

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