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.

Green light for energy performance of buildings law

Energy-efficient building (LUXEMBOURG) – The EU Council formally adopted a revised directive on the energy performance of buildings Friday, with the aim of helping to reduce greenhouse gas emissions and…