President Prabowo Subianto chairs a limited cabinet meeting to discuss economic issues on Sept. 7, 2026, at the Presidential Palace Complex in Central Jakarta.

Analysis: 200 million accounts: Financial inclusion or fiscal excess?

The government’s plan to spend an estimated Rp 11 trillion (US$619 million) opening bank accounts for more than 200 million Indonesians aged 17 and above is difficult to justify when fiscal space is already tight and financial inclusion has reached 93.61 percent. If the objective is to reach the unbanked or improve the delivery of social assistance, there is little reason to give new accounts to almost every adult, including those already banked. Scarce public funds should be targeted at people who actually need them.

22 hours ago

Opinion premium

Analysis: Whoosh or noose: Uncertain future of high-speed rail project

Indonesia’s long-standing ambition to build a high-speed rail network has evolved from a national prestige project into a potential fiscal burden. Whoosh’s continuing losses and mounting debt have already drawn the Finance Ministry closer to backstopping the project. Given its history of delays, cost overruns and overly optimistic projections, the question is whether Whoosh can deliver...

1 day ago

Opinion premium

Analysis: Danantara, Finance Ministry clash over SOE dividends

The Finance Ministry and state asset fund Danantara are at odds over who controls dividends from state-owned enterprises (SOEs), exposing an unresolved question at the heart of Indonesia's new state-asset architecture. Before Danantara was created, SOE dividends were paid to the state and recorded as non-tax revenue. Under the new framework, Danantara manages the shares and assets transferred ...

2 days ago