YAKARTA, 28 July (Reuters) – Indonesians will propose to increase its assumption of budget deficit by 2021 to 5.2% of gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati said Tuesday.
Speaking after a closet meeting, he said President Joko Widodo sought more budget area next year to address uncertainty about the end of the coronavirus pandemic and the availability of a vaccine.
Indrawati has stated in the past that the 2021 budget deficit will be between 4.17% and 4.7% of GDP.
All quotes were delayed for at least 15 minutes. See here for a complete list of transactions and delays.
© 2020 Reuters. All rights are reserved.