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 ...

Report says China’s economic development must rely on integration between innovation and industrial production,  and work must be done to ensure that innovation progress was passed on to production.
China's new economy will account for an estimated 12% of the...
The process of building a new government could take weeks, so markets may well move on from the result quickly.
Politics dominated trading on Monday, with the euro sliding as...
World countries are casting a shadow on the future of the global economic system.
Next month, when finance ministers and central bank governors...
TPP Nations Making Progress
The Trans-Pacific Partnership nations have made progress...
EU Seeks Protection for Uber-Style Jobs
The European Commission said on Monday it wants more social...
Japan PM Announces $17.8b Economic Stimulus Package
Japanese Prime Minister Shinzo Abe said he would seek to...
US to See Slower Growth
The pace of US economic growth will stay stuck in the low 2%...
The economy’s return to growth has eased pressure  on the authorities.
Now that Nigeria’s economy is recovering from its worst slump...