Mulyani Indrawati Indonesia
JAKARTA: Indonesia is on track for a budget deficit of 2.2% of gross domestic product (GDP), wider than planned but in line with the government’s latest projection, as revenue collection remained weak towards year-end, according to its finance minister.
Government revenue in South-East Asia’s largest economy has taken a hit as economic growth weakened, exports slumped and oil and gas production missed targets, pressuring the budget deficit.
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