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View all search resultsbudget-deficit
Regulations 1 year ago
PREMIUM
Budget deficit may cross 3 percent threshold on costly programs
The Prabowo administration's first 100 days indicate a potential for accelerated debt accumulation to help finance the President's free meals and housing programs, economists say, pointing to a fine balance between spending and revenue generation in the coming years to 2029.
Regulations 1 year ago
PREMIUM
Gerindra lawmaker denies rumors about plan to change State Finance Law
A member of Prabowo Subianto’s Gerindra Party who also heads the president-elect’s transition team has denied a report about alleged plans of the incoming administration to revise the State Finance Law.
Economy 1 year ago
PREMIUM
State revenue drops 7 percent in May amid spending flurry: Sri Mulyani
Indonesia booked its first deficit of the year at 0.1 percent of GDP in May as state revenue fell 7.1 percent amid a flurry of spending that grew 14 percent in May, including on social assistance to mitigate the impacts of El Niño on food prices.
