President Prabowo Subianto

Indonesia implemented a wide-ranging fiscal restructuring programme in 2025 under President Prabowo that focused on expenditure rationalisation, tighter enforcement and recovery of revenue from illegal economic activity, resulting in an estimated fiscal impact of about $30 billion while keeping the fiscal deficit within the statutory 3 percent ceiling and maintaining stable debt levels.

European Digital Identity rules enter into force

Mobile phone laptop (BRUSSELS) – The rules on establishing a European Digital Identity entered into force Monday, paving the way for all EU citizens and residents to benefit from a…