Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade.

Indonesia's current account deficit widened in 2024 as its merchandise trade surplus shrank amid weaker global demand, the ...

JAKARTA, Feb. 20 (Xinhua) -- Indonesia's balance of payments surplus increased to 7.9 billion U.S. dollars in the fourth quarter of 2024, up from 5.9 billion dollars in the previous quarter, according ...

The current account surplus streak ended after three consecutive months, as it posted a deficit of $420 million ...

Indonesia posted a $1.1 billion deficit in its current account in the final quarter of 2024, equivalent to 0.3% of GDP, the ...

The alarm being raised by some analysts is premature. It is anticipated that debt payment pressures will subside as most maturing loans have already been paid and imports are expected to slow down. If ...

President Donald Trump is taking his enthusiasm for tariffs to a new level. In his latest move, he has announced a policy of ...

The Philippines posted a higher balance of payments (BOP) deficit of $4.078 billion in January this year, more than the shortfall in December of $1.508 billion, as the government paid its maturing ...

BENN STEIL is a Senior Fellow and Director of International Economics at the Council on Foreign Relations. He is the author ...

Pakistan's current account slipped into a deficit of $420 million in January 2025, marking the highest monthly deficit since June 2024. This comes after the country posted a surplus of $474 million in ...

Trade with China, which was Germany's biggest trading partner every year from 2016 to 2023, dropped 3.1% to 246.3 billion ...