JAKARTA Indonesia's budget surplus in January was at 31.3 trillion rupiah (US$2.01 billion) or 0.14% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Thursday.
Government revenues in January were recorded at 215.5 trillion rupiah or 7.7% of the full-year target, while spending was at 184.2 trillion rupiah or 5.5% of the total allocation.
The government plans to spend US$216 billion this year, with a fiscal deficit outlook of 2.29% of GDP and economic growth target of 5.2%.
Sri Mulyani has said that 2024's budget will be focused on safeguarding the economy from rising geopolitical tensions and completing remaining infrastructure projects.
- Reuters
Created by Tan KW | Jul 27, 2024
Created by Tan KW | Jul 27, 2024
Created by Tan KW | Jul 27, 2024
Created by Tan KW | Jul 27, 2024