JAKARTA: Indonesia's President-elect Prabowo Subianto will increase the country's debt-to-GDP ratio level gradually, alongside efforts to boost tax revenues, his top adviser and brother Hashim Djojohadikusumo told a seminar on Monday (Oct 7).
The increase may be within a range of 1 to 2 percentage points per year, he said, describing Indonesia's current debt-to-GDP level of under 40% as "underleveraged".
