The Business Times
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Indonesia Budget

International

Indonesia's 2026 budget deficit outlook seen at 2.85% of GDP

“If we stay united and work together, private companies, SMEs, governments, regional or central, everyone has same calling – we can create magnificent prosperity,” Prabowo said.
International

Prabowo unveils ambitious growth and fiscal deficit targets, seeks 'magnificent prosperity'

The programme promises a well-balanced meal on weekdays for school-children, as well as six days a week for toddlers, breastfeeding mothers and pregnant women.
Asean Business

Handing out billions of dollars worth of free meals puts heavy strain on Indonesia’s budget

Airlangga Hartarto, Coordinating Minister for Economic Affairs also floated the possibility of issuing an emergency regulation to temporarily raise the deficit cap.
International

Indonesia says scenarios show 3% budget deficit cap hard to keep

“Even if global oil prices rise, we will absorb (the shock) with the budget and we will control the impact as much as possible,” Indonesia's Finance Minister Purbaya Yudhi Sadewa said.
Asean Business

Indonesia will absorb shock from soaring oil prices using state budget

Finance Minister Purbaya Yudhi Sadewa reiterated that the government is prepared to cut expenditure to keep the budget deficit under 3 per cent of GDP.
International

Indonesia budget deficit swells in January-February

“Assuming the worst case, if the oil price goes as high as US$90 to US$92 per barrel, in those conditions, without adjusting our current budget, the deficit will increase to around 3.6 per cent of GDP,” says Finance Minister Purbaya Yudhi Sadewa.
International

Indonesia will keep budget deficit below 3% of GDP as Middle East conflict lifts oil prices

Indonesia's President Prabowo Subianto translated the 8% growth ambition into major policies.
Asean Business

Indonesia at ‘point of no return’ on big Prabowo growth bet, despite market carnage

Indonesia has set its budget deficit target at 2.68% of GDP this year.
Asean Business

Indonesia plans to sell first Asian sovereign dollar bond of 2026

Indonesia’s Finance Minister Purbaya Yudhi Sadewa said the deficit widened as spending was kept up to support growth amid global uncertainty.
Asean Business

Indonesia fiscal deficit soars to 2.9% of GDP, near legal limit

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