Jakarta, Aug 15 (ANTARA) - A senior lawmaker said the budget allocation of Rp35 trillion for the Defense Ministry and the Indonesian Military (TNI) next year is far from sufficient.

Jakarta, Aug 15 (ANTARA) - The government is considered to be too optimistic in setting the oil price assumption at US$100 a barrel for the 2009 state budget amid oil price volatility.

Jakarta, Aug 15 (ANTARA) - The House of Representatives (DPR) has asked the government not to over-react to the volatility of the world's crude price and not to change too soon the basic assumptio

Jakarta, Aug 15 (ANTARA) - The government has projected the country's tax receipts in the draft 2009 state budget at Rp726.3 trillion, up 19.2 percent from the revised 2008 state budget.

Jakarta, Aug 15 (ANTARA) - The government has projected a deficit in the draft 2009 state budget at Rp99.6 trillion or 1.9 percent of the country's gross domestic product (GDP).

Jakarta, Aug. 15 (ANTARA) - The ratio of government debt towards GDP in 2009 is expected to drop to around 30 percent from 54 percent in 2004.

Jakarta, Aug.

Jakarta, Aug 14 (ANTARA) - State oil and gas company Pertamina is looking into the possibility of cooperation with PetroVietnam in managing oil and gas blocks in Iraq.

Jakarta, Aug 14 (ANTARA) - The government plans to issue retail bonds worth Rp6.225 trillion on Sept 3 through 18 appointed dealers.

Jakarta, Aug 15 (ANTARA) - President Susilo Bambang Yudhoyono said Indonesia managed to regain self-sufficiency in rice this year (2008) and this was for the first time since the New Order era that