KONTAN.CO.ID - JAKARTA. Indonesian President Joko Widodo on Wednesday proposed to parliament a budget of 3,304.1 trillion rupiah ($216.24 billion) for next year, setting a target of 5.2% for economic growth in what will be his final year in office. The budget proposal is about 6% bigger than this year's spending plans, which have been revised up to 3,123.7 trillion rupiah. Jokowi, as the president is popularly known, said he targets the 2024 budget deficit to be at 2.29% of gross domestic product, roughly the same as the latest outlook for this year's deficit of 2.28%.
Indonesia President Tables $216 Billion 2024 Budget to Parliament
KONTAN.CO.ID - JAKARTA. Indonesian President Joko Widodo on Wednesday proposed to parliament a budget of 3,304.1 trillion rupiah ($216.24 billion) for next year, setting a target of 5.2% for economic growth in what will be his final year in office. The budget proposal is about 6% bigger than this year's spending plans, which have been revised up to 3,123.7 trillion rupiah. Jokowi, as the president is popularly known, said he targets the 2024 budget deficit to be at 2.29% of gross domestic product, roughly the same as the latest outlook for this year's deficit of 2.28%.