Indonesia's 2019 budget deficit may widen to 1.93pc of GDP

16 Jul, 2019

However, Sri Mulyani Indrawati said the government will likely spend less than budgeted, projecting a total state expenditure of 2,341.6 trillion rupiah, or 119.5 trillion rupiah less than planned.

At a parliamentary hearing, Indrawati forecast 2019 total state revenue at 2,030.8 trillion rupiah.

The government's initial fiscal deficit outlook was 1.84% of GDP.

Copyright Reuters, 2019

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