Indonesia targets 2023 fiscal deficit at 2.81%-2.95% of GDP

JAKARTA (Reuters) – Indonesia will design its 2023 state budget with a fiscal deficit of 2.81% to 2.95% of the gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati told a virtual briefing on Thursday.

She said the government will continue to use its spending to support economic growth in 2023 while steering the budget in a healthier direction to meet a fiscal deficit target of below 3% of GDP as required by law.

(Reporting by Fransiska Nangoy, Stefanno Sulaiman; Editing by Kanupriya Kapoor)

tagreuters.com2022binary_LYNXNPEI3D08U-VIEWIMAGE

Close Bitnami banner
Bitnami