Indonesia's 2021 fiscal deficit seen expanding to 5.2% of GDP

JAKARTA: Indonesia's government will propose to parliament expanding its 2021 fiscal deficit assumption in Southeast Asia's biggest economy to 5.2% of gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati said on Tuesday.

Speaking after a cabinet meeting, she said President Joko Widodo wanted more fiscal room next year to weather uncertainty over the end of coronavirus pandemic and the availability of a vaccine.