Indonesia's end-March fiscal deficit at 0.82% of GDP; Covid-19 daily cases at 4,402 and total above 1.64 million


A passenger gets his Covid-19 coronavirus screening done at the Sultan Iskandar Muda International airport at Blang Bintang, on April 25, 2021. - AFP

JAKARTA, April 25 (Reuters/Xinhua): Indonesia ran a budget deficit of 144.2 trillion rupiah (US$9.93 billion) as of the end of March, or 0.82% of GDP, as tax revenues shrank while spending rose to support economic recovery, the finance ministry has announced.

Total government spending increased by 15.6% year-on-year to 523 trillion rupiah, while total revenue rose by just 0.6% amid a 5.6% contraction in income from tax payments.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

More seniors addicted to Internet
Yakuza alternative groups scam record US$920mil
WHO: Low risk of Nipah spread despite recent cases
Another Yoon ally jailed over martial law bid
Rare fish species returns to the Mekong
Beijing, Mexico talk amid trade tensions over tariffs
First post-uprising election held
Principal dies after school shooting
Prabowo to join first meeting of ‘Board of Peace’
Kim setting up daughter as likely successor, says Seoul

Others Also Read