Indonesia targets 2027 fiscal deficit of 1.8% to 2.4% of GDP

Indonesian President Prabowo announced a fiscal deficit target of 1.8% to 2.4% of GDP for 2027, amidst increased scrutiny of the country's economy and recent credit rating outlook cuts by Moody's and Fitch.

20 May, 06:15 — 20 May, 06:15

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channel-news-asiaMostly Factual16d ago

Indonesia's Prabowo announces 2027 fiscal deficit target of 1.8% to 2.4% of GDP

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.

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Indonesia targets 2027 fiscal deficit of 1.8% to 2.4% of GDP

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Indonesia's Prabowo announces 2027 fiscal deficit target of 1.8% to 2.4% of GDP

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