Indonesia’s 2026 budget is designed to make the country strong, President Prabowo says

Indonesian President Prabowo Subianto said efficiency measures would be needed to reduce the country's budget deficit. -- PHOTO: REUTERS

JAKARTA (Reuters): Indonesia’s President Prabowo Subianto on Friday (Aug 15) said his budget for 2026 would be designed to ensure the South-East Asian country was strong, independent and prosperous, as he delivered his first speech on fiscal policy to Parliament.

The budget proposal is the first developed by Prabowo’s administration after he took office in October 2024.