Politics of Indonesia: House Approves 2016 State Budget
Late on Friday evening (30/10), after 11 hours of discussion, Indonesia's House of Representatives (DPR) approved the 2016 State Budget. This is good news for the government as it now has the opportunity to reform fiscal policy and continue with its development programs. The government budget deficit is expected to rise to 2.15 percent of the country's gross domestic product (from 1.9 percent of GDP in the revised 2015 edition), a bit closer to the maximum three-percent-of-GDP rule that is allowed by Indonesian law.