JAKARTA : Indonesia plans to issue a revised regulation on natural resource exporters' earnings in February, its finance minister said on Tuesday, adding that authorities were finalising details.
Sri Mulyani Indrawati said financial authorities were looking at determining a threshold for the portion of earnings that exporters must keep onshore, so not to disrupt shipments."We will continue to maintain our guidelines so that on one side Indonesia can be assured that when our exports are high, the earnings can strengthen our foreign exchange reserves," she told a joint news conference with other financial regulators.
Exporters in sectors that process natural resources would also be subject to the new regulation, Sri Mulyani said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indonesia's 2023 GDP growth seen slowing slightly from 2022's 5.2%-5.3% -Finance MinisterJAKARTA : Indonesia's economy likely grew within a range of 5.2 per cent to 5.3 per cent in 2022, and a slight deceleration is expected this year due to slowing global growth, its finance minister Sri Mulyani Indrawati said on Tuesday.Indonesia is due to publish official data for the fourth quarter and fu Compared to who?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
PM Anwar’s daughter Izzah is pro bono advisor to prime minister on economics and financeThe 42-year old ex-MP won't be paid allowances, Mr Anwar says. Read more at straitstimes.com. She should be made an official advisor. Inflation, floods, shortage of eggs/chickens. Race politics, corruption, the impending possibilities of racial disharmony. Then there is the middle income trap. The list goes on. Izzah must be more than an extra pair of eyes for auditing. She must propose practical policies.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Japan Finance Minister: Too early to consider reviewing gov't-BOJ inflation statementTOKYO : Japanese finance minister Shunichi Suzuki on Tuesday said it is not yet time to debate a possible review of a joint statement the government and Bank of Japan (BOJ) issued in 2013 calling for the achievement of 2 per cent inflation as quickly as possible.Sources previously told Reuters that the go
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »