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View all search resultsIndonesia’s 2020 state budget deficit may further widen to 2.8 percent of gross domestic product, much higher than the government’s target, as tax reforms are to result in lower revenue collection, economists say.
Of those expecting to increase their overall investment by five per cent over the next two years, two-thirds identify research, innovation and technology as their main priority. It is the key not just to improving productivity and keeping costs down, but also to protecting customers and providing the service they want.
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