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Prabowo Open to Breach Indonesia Deficit Cap Only During Crisis
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AlKhaleej Today
AlKhaleej TodayIndonesia will exceed deficit limit only in ‘very big emergency’ caused by high oil prices, Prabowo tells Bloomberg News
JAKARTA, March 15 — Indonesia would only approve a short-term increase in the deficit beyond 3 per cent of gross domestic product if oil prices stay elevated for a sustained period due to the US-Israel war in Iran, President Prabowo Subianto said in an interview with Bloomberg News published today.Here are some key points from the interview:Prabowo said he has no plan to revise Indonesia’s legally mandated deficit cap of 3 per cent of GDP “unles…
·Selangor, Malaysia
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Prabowo confirmed that the deficit limit would not be changed unless there was a major crisis.
·Indonesia
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Total News Sources7
Leaning Left2Leaning Right2Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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