Indonesia’s 2021 fiscal deficit seen expanding to 5.2% of GDP -finmin – ZAWYA

Indonesia’s 2021 fiscal deficit seen expanding to 5.2% of GDP -finmin – ZAWYA

indonesia's 2021 fiscal deficit seen expanding to 5.2% of gdp -finmin the government is yet to specify total spending allocated for its 2021 state budget    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."with a 5.2% of gdp deficit we will have 179 trillion rupiah ($12.36 billion) additional spending room that will be prioritised for economic recovery next year," indrawati said.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.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."with a 5.2% of gdp deficit we will have 179 trillion rupiah ($12.36 billion) additional spending room that will be prioritised