Indonesia Budget
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
Indonesia parliament passes Prabowo's US$231 billion budget for 2026
This includes increased spending of US$231.5 billion and a fiscal deficit of 2.68%
No need for changes in Indonesia’s fiscal rules: finance minister
The country is in better fiscal health than some other countries, adds Purbaya
Indonesia raises budget deficit target to fund region transfers
The higher spending plan stems from the increased allocation of transfer funds to regional administrations
Indonesia’s 2025 fiscal deficit target revised upwards to 2.78% of GDP, minister says
The 2.78% figure would represent the highest fiscal deficit for Indonesia since 2021
Indonesia's Q1 current account deficit narrows to 0.1 per cent of GDP
A narrower deficit may provide more space for the central bank to relax monetary policy
Indonesia expects 2026 GDP growth of between 5.2%-5.8%
[JAKARTA] Indonesia’s government expects economic growth in 2026 to be between 5.2 per cent and 5.8 per cent, while the budget deficit is seen between 2.48 per cent and 2.53 per cent of GDP, finance m...
Indonesia posts rare, early budget deficit as revenues slump
The last time Indonesia posted a budget deficit so early into the year was in 2021, when the government was ramping up spending to support the coronavirus-ravaged economy
Lights out for Indonesia civil servants as Prabowo cuts budgets
FROM office lights switched off to out-of-service lifts, Indonesian civil servants are feeling the pinch after President Prabowo Subianto ordered sweeping budget cuts across government that he said wi...
