Economics
Indonesia’s Jokowi Wary of Fiscal Risk Concerns Over Virus Plan
- Government now sees budget deficit widening to 6.34% of GDP
- Increase in deficit to be managed carefully, Indrawati says
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Indonesia’s economy may grow even less than already reduced estimates, and the fiscal deficit will widen further, as the government ramps up its response to the Covid-19 pandemic, the country’s finance minister said.