Indonesia Directs 68% of Stimulus to Rice Handout Program
Indonesia allocates about 68% of its second-half 2026 stimulus package to rice aid for 33 million families, raising questions about its broader economic impact.
16 ARTICLES · UPDATED JULY 1, 2026
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Indonesia allocates about 68% of its second-half 2026 stimulus package to rice aid for 33 million families, raising questions about its broader economic impact.
Indonesia has pushed its electric-motorcycle subsidy to August 2026 from July, a second delay in weeks, as officials say the scheme is still under review.
Indonesia's energy ministry says faults at PLTU Cilacap units 1 and 4 cut 1,300 MW, even as a special team audits PLN's coal procurement.
Oil prices reversed sharply in Q2 as the Persian Gulf crisis eased and OPEC+ raised production quotas, bringing Indonesian budget assumptions closer to target.
Supertanker Gamsunoro transits the contested strait after 16 hours, but Pertamina Pride carrying vital crude remains stuck 84 days overdue.
Prabowo pledges Indonesia will achieve beef self-sufficiency in 4-5 years as the nation tries to close a 373,100-ton annual production shortfall.
School holiday transport discounts launched June 20, but flight VAT exemptions consume 2.5 times the budget allocated for trains and ferries combined.
Two major power units failed, triggering rolling blackouts across Java provinces for nearly two weeks, despite the system's reported 30-percent reserve margin.
Ex-police chief Sutarman appointed Bukalapak's Chief Commissioner as the e-commerce platform shifts focus from growth to governance amid stock decline and shrinking business.
Pertamax RON 92 rose 32 percent overnight. The government says inflation stays safe — but the real squeeze lands on a middle class the price index never measures.
Indonesia routes coal, palm oil and ferroalloy exports through one state-controlled gate, gaining power over prices and foreign exchange but rattling ratings agencies.
Non-subsidized diesel dropped sharply in Indonesia on June 1 despite rising global crude, thanks to a lagged pricing formula; only Pertamax Turbo rose.
Indonesia's budget deficit hit Rp180.4 trillion through May 2026, but the bigger concern is spending outpacing revenue as markets test confidence.
Finance Minister Purbaya ordered 24-hour shifts to clear a 3,000-container backlog at Priok, but a far larger longstay pileup exposes a deeper problem.
Fresh strikes around the Strait of Hormuz push oil prices higher, putting pressure on Indonesia's fuel subsidies, budget, and a record-weak rupiah.
The rupiah breached Rp18,000 to the dollar and Jakarta's stock index became the world's worst performer of 2026 as foreign investors fled Indonesian assets.
Fiscal and monetary policy, prices and inflation, energy, enterprise, employment, and household purchasing power.
Yes. Figures and claims are verified at the fact-check stage before an editor publishes.
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