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Tuesday, February 28, 2017

Indonesian budget deficit halves in first two months



Indonesia recorded lower budget deficit in the first two months of the year compared to the same period last year as state revenue was higher than spending.
Budget deficit stood at
Rp 22 trillion (US$1.64 billion) between Jan. 1 and Feb. 20, or equal to 0.16 percent of the country’s gross domestic product (GDP), Finance Ministry’s data shows.
The same period last year saw budget deficit at
Rp 50.6 trillion or 0.41 percent of the GDP.
http://www.thejakartapost.com/news/2017/02/28/lower-budget-deficit-seen-in-first-two-months.html

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