Indonesia Budget
Handing out billions of dollars worth of free meals puts heavy strain on Indonesia’s budget
Despite its scale, there is little sign that the programme will be an economic game changer
Indonesia says scenarios show 3% budget deficit cap hard to keep
The deficit cap would be hard to preserve without spending cuts
Indonesia will absorb shock from soaring oil prices using state budget
Energy subsidy, compensation budget at 381.3 trillion rupiah this year
Indonesia budget deficit swells in January-February
[JAKARTA] Indonesia’s budget deficit swelled to 135.7 trillion rupiah (S$10.24 billion) in the first two months of 2026, amounting to 0.53 per cent of its GDP, as spending soared to fund President Pra...
Indonesia will keep budget deficit below 3% of GDP as Middle East conflict lifts oil prices
The 2026 budget assumed a domestic crude oil price of US$70 per barrel
Indonesia at ‘point of no return’ on big Prabowo growth bet, despite market carnage
Sources say the administration has no intention of backing down on its broader promises
Indonesia plans to sell first Asian sovereign dollar bond of 2026
The sale comes as Prabowo looks to fund a Budget deficit that risks exceeding 3% of GDP in 2026
Indonesia fiscal deficit soars to 2.9% of GDP, near legal limit
The deficit highlights rising fiscal strains for President Prabowo as he pushes growth plans amid slowing revenue
Rich families face tax audits as Indonesia races to plug deficit
The country’s tax ratio is among the lowest in the world, at about 10% of GDP last year
Prabowo’s zero-deficit delusion
Without deeper tax reform, spending restraint or realistic dividend expectations, a balanced Budget is mathematically unattainable
