25-May-2026
Economy News
 
Indonesia to Revise State Budget Law but Deficit Ceiling Not the Focus, Lawmaker Says
25-May-2026

Indonesia's parliament will soon start deliberating on a revision to state finance laws, but the focus will not be on changing rules on fiscal deficit limits, a senior lawmaker said on Monday. Investors are paying close attention to fiscal sustainability in Indonesia due to President Prabowo Subianto's big spending plans, with particular focus on whether he might change rules that cap the annual budget deficit at 3% of gross domestic product and public debt at 60% of GDP.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-25/indonesia-to-revise-state-budget-law-but-deficit-ceiling-not-the-focus-lawmaker-says