Fiscal Update Indonesia: Budget Deficit at 2.57% of GDP (Unaudited)
At a news conference on Tuesday (02/01), Indonesian Finance Minister Sri Mulyani Indrawati said Indonesia's unaudited budget deficit reached 2.57 percent of the country's gross domestic product (GDP) in 2017, slightly below expectations at 2.60 percent of GDP, and well below the government's 2.92 percent (revised) target. In 2016 the government budget deficit was recorded at 2.49 percent of GDP.