Indonesia Budget
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
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
