Indonesia's Prabowo announces 2027 fiscal deficit target of 1.8% to 2.4% of GDP
Orientul Mijlociu
The president's remarks come amid increased scrutiny of Indonesia's US$1.4 trillion economy, with Moody's and Fitch earlier this year cutting their respective credit rating outlooks for the country. JAKARTA: Indonesia's President Prabowo Subianto announced on Wednesday (May 20) a fiscal deficit target range of 1.8 per cent to 2.4 per cent of gross domestic product (GDP) for next year, with the aim of achieving economic growth as high as 6.5 per cent. In a rare address to parliament, Prabowo
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