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budget-deficit

Prabowo team vows fiscal prudence amid World Bank, IMF concerns
Economy 1 year ago

PREMIUM
Prabowo team vows fiscal prudence amid World Bank, IMF concerns

A 2003 law stipulates that Indonesia's fiscal deficit must not exceed 3 percent of GDP in any fi...
Prabowo adviser denies plans to raise Indonesia's debt to 50 percent of GDP
Economy 1 year ago

Prabowo adviser denies plans to raise Indonesia's debt to 50 percent of GDP

President-elect Prabowo Subianto has no plans to boost the country's public debt to 50 percent o...
What S&P's ratings downgrade means for France
Markets 1 year ago

What S&P's ratings downgrade means for France

Standard & Poor's (S&P) decision to downgrade its rating on France's sovereign debt ...
Wider 2025 budget deficit seen as double-edged sword
Economy 1 year ago

PREMIUM
Wider 2025 budget deficit seen as double-edged sword

Fitch Ratings forecasts debt financing expansion to fund Prabowo’s big-ticket plans, which wou...
Prabowo pledges fiscal prudence, eyes broader coalition, aide says
Politics 1 year ago

Prabowo pledges fiscal prudence, eyes broader coalition, aide says

The government's guidance for next year's fiscal gap is between 2.48 percent to 2.8 percent ...
Apindo calls on incoming govt to raise deficit cap to 5%
Economy 1 year ago

PREMIUM
Apindo calls on incoming govt to raise deficit cap to 5%

The employers association has suggested that the next government stretch the limitation on the state...
Subsidies, social aid to stretch budget deficit close to limit
Regulations 1 year ago

PREMIUM
Subsidies, social aid to stretch budget deficit close to limit

Government projections point to a sharp increase in the gap between state expenditure and revenue th...
2025 fiscal draft paves way for transition to Prabowo
Regulations 1 year ago

PREMIUM
2025 fiscal draft paves way for transition to Prabowo

A cabinet meeting on Monday reportedly included discussions on the aspirational programs of Prabowo ...
IMF's Georgieva warns of spending 'pressure' before global 2024 elections
Economy 1 year ago

IMF's Georgieva warns of spending 'pressure' before global 2024 elections

The year ahead will be "very tough" for fiscal policy -- especially for countries holding ...
Govt plans to take on Rp 600t debt to cover 2024 budget deficit
Economy 1 year ago

Govt plans to take on Rp 600t debt to cover 2024 budget deficit

The government said further borrowing was necessary to finance essential infrastructure project...
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