Indonesia posts US$3.9bil budget surplus in Jan-Sept

FILE PHOTO: Trucks with palm oil fresh fruit bunches queue for unloading at a factory in West Aceh, Indonesia, May 17, 2022, in this photo taken by Antara Foto. Antara Foto/Syifa Yulinnas/ via REUTERS

JAKARTA, Oct 21 (Reuters): Indonesia had a budget surplus of 60.9 trillion rupiah (US$3.90 billion) in the January to September period, equivalent to 0.33% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Friday, compared with a 2.66% deficit in the same period in 2021.

The minister said the budget until September reflected ongoing recovery after the pandemic, and expected GDP growth in the third quarter will come in above target at 5.2%.