Business News
Indonesia Reports $30 Billion Fiscal Impact from 2025 Reallocation Programme Without Additional Borrowing
Jakarta – Indonesia implemented a fiscal restructuring programme in 2025 under President Prabowo Subianto, generating an estimated fiscal impact of approximately US$30 billion while maintaining the fiscal deficit within the statutory 3 percent ceiling and keeping government debt at around 40 percent of GDP. The programme focused on expenditure rationalisation, enforcement measures, and recovery of […]
