Indonesia 2016 budget deficit may swell to 2.7% of GDP: ministry official
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[JAKARTA] Indonesia's budget deficit for this year may increase to 2.7 per cent of gross domestic product (GDP) from a previous estimate of 2.5 per cent, Askolani, the finance ministry's director general of budgeting, told Reuters on Saturday.
The government may have to pay higher cost recovery for oil and gas contractors than the US$8 billion it originally planned in the first half of the year, as those companies had charged the government US$6.5 billion up to July, Finance Minister Sri Mulyani Indrawati said late on Friday.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
