Indonesia spent 45.9 billion USD on economic recovery in 2021
The Indonesian government had spent around 45.9 billion USD, or 23.6 percent of the total spending in 2021 for economic recovery, according to Finance Minister Sri Mulyani Indrawati.
People go shopping in Jakarta, Indonesia. (Photo: VNA)
Jakarta (VNA) - The Indonesian government had spent around 45.9 billion USD, or 23.6 percent of the total spending in 2021 for economic recovery, according to Finance Minister Sri Mulyani Indrawati.
The handling of COVID-19, for which large amounts of money had been funneled, had finally succeeded in boosting Indonesia's economic growth in 2021 after having contracted 2.07 percent in 2020 she said during an event of the G20 Presidency on February 16.
The minister said the Indonesian economy grew 3.65 percent in 2021. The recoveries have been happening in all aspects of the economy, in terms of production, supply and demand, as well as exports, which were strongly driven by the global recovery.
Strong growth also occurred in some very important sectors, such as manufacturing, trade, and mining, owing to rising commodity prices. Indonesia's economic output has also exceeded the pre-pandemic levels.
𝓡 The minister stressed that these positive developments had made Indonesia one of the developing countries with a fast recovery, even higher than post 1997-1998 financial crisis. However, she said that the government will continue to apply policies effectively, as the recovery process is still ongoing and will continue to need fiscal support./.
A senior Indonesian official has reaffirmed the country’s commitment in implementing an energy transition roadmap during a meeting with Managing Director for Operations Axel van Trotsenburg and Vice President for East Asia and the Pacific Manuela Ferro of the World Bank on February 16.
The Indonesian government aims to lift three million people out of extreme poverty by 2023, National Development Planning (PPN) Minister Suharso Monoarfa said.
Digital technology has the potential to create new jobs for 20-45 million workers in Indonesia, according Indonesian National Development Planning Minister and Head of the National Planning and Development Agency (Bappenas) Suharso Monoarfa.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
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Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
People go shopping in Jakarta, Indonesia. (Photo: VNA) 
