Indonesia Budget Deficit Swells
Indonesia Budget Deficit Swells

Indonesia Budget Deficit Swells

Indonesia Budget Deficit Swells

Indonesia’s budget deficit for this year may increase to 2.7% of gross domestic product from a previous estimate of 2.5%, Askolani, the finance ministry’s director general of budgeting, told Reuters on Saturday. The government may have to pay higher cost recovery for oil and gas contractors than the $8 billion it originally planned in the first half of the year, as those companies had charged the government $6.5 billion up to July, Finance Minister  Mulyani Indrawati said late on Friday. Indonesian economic growth is still set to rebound in 2016 after having experienced several years of slowdown.

Short URL : https://goo.gl/0AWcd3
  1. https://goo.gl/SsVQNv
  • https://goo.gl/Oe0Tze
  • https://goo.gl/k6od2D
  • https://goo.gl/4JZV91
  • https://goo.gl/IbueyX

You can also read ...

Even though the US tariffs on their own may have a limited impact, global economic growth will slow should US trigger a trade war with  China or the European Union.
The volume of global trade grew faster than the world economy...
OECD Finds No Consensus on Interim E-Commerce Taxes
The Organization for Economic Cooperation and Development’s...
S. Arabia Among World’s Worst Performing Property Markets
Saudi Arabia’s real estate market continued to be one of the...
Greece Looking Economically Vibrant on Road to Recovery
It’s nearly springtime in Athens: street trees are heavy with...
Since China’s entry into the World Trade Organization in 2001, it has become the most formidable  economic competitor the United States had even seen.
The US national debt exceeded $21 trillion for the first time...
Merkel Says Trying to Boost Domestic Demand
Germany is trying to stimulate domestic demand to offset...
Gaza growth fell from 8% in 2016  to a mere 0.5% in 2017.
Gaza has seen conditions steadily deteriorate over the last...
ECB wants to keep headline inflation below,  but close to 2% year-on-year.
Eurozone consumer prices grew less than expected in February...