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Jokowi govt plans to cut budget deficit to 1% of GDP by 2019

Friday, December 19, 2014 - 05:50

Jakarta

INDONESIA's new government plans to cut its budget deficit to one per cent of gross domestic product (GDP) by 2019, partly by reforming the tax system, the finance minister said on Thursday. A shortfall in tax revenue estimated at US$6.15 billion threatened to push the 2014 budget

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