Indonesia president tables US$216bil 2024 budget to parliament

Indonesian President Joko Widodo delivers his Annual Budget speech, ahead of the country's Independence Day, at the parliament building in Jakarta on Aug 16, 2023. - Reuters

JAKARTA (Reuters): Indonesian President Joko Widodo on Wednesday proposed to parliament a budget of 3,304.1 trillion rupiah ($216.24 billion) for next year, setting a target of 5.2% for economic growth in what will be his final year in office.

The budget proposal is about 6% bigger than this year's spending plans, which have been revised up to 3,123.7 trillion rupiah.