Indonesia posts rare, early Budget deficit as revenues slump 21%

JAKARTA (Bloomberg): Indonesia posted an unlikely budget deficit as of February due to a double-digit drop in state revenues, adding to concerns about the health of government finances this year. The shortfall stood at 31.2 trillion rupiah in the first two months of 2025, equivalent to 0.13% of gross domestic product, Finance Minister Sri Mulyani Indrawati...

Continue efforts to reduce country’s deficit – PM

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim wants efforts to reduce the country's fiscal deficit to continue so that future generations will not be burdened. He said continuous efforts and initiatives are important for the country to achieve a lower fiscal deficit target, while at the same time continuing to restore the confidence of domestic and...