Indonesia records $4b budget deficit in February as big-check stimulus spending looms
Indonesia booked a state budget deficit of Rp 62.8 trillion (US$4.07 billion) as of February this year at a time when the government is rolling out multi-billion dollar stimulus packages to cushion the economic impacts of the COVID-19 pandemic. Government spending growth slowed compared with the same period last year and revenue dropped, the Finance […]
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