Indonesia's, Budget, Too Ambitious?
Lionel Priyadi, Head of Research, PT Mega Capital Sekuritas
18-Aug-25 07:30
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Under the first budget by President Prabowo Subianto, the Indonesian government is set to spend USD $234 billion in 2026. The plan aims to boost the economy by 5.4% while keeping the fiscal deficit at 2.48% of GDP. Lionel Priyadi, Head of Research, PT Mega Capital Sekuritas gives us his impressions of this budget and what it means for the domestic equity market.
Image Credit: Shutterstock.com
Produced by: Natalie Tan
Presented by: Wong Shou Ning, Shazana Mokhtar, Philip See
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Categories: markets, economy, international
Tags: Indonesian budget, spending measures, fiscal deficit, gdp,