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View all search resultsPresident-elect Prabowo Subianto has no plans to boost the country's public debt to 50 percent of gross domestic product (GDP), a senior aide said on Saturday, denying a report that had hit the rupiah and bond markets.
The employers association has suggested that the next government stretch the limitation on the state budget deficit from 3 to 5 percent, although an economic aide of the Prabowo campaign says it is unlikely the president-elect would do so.
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