Economics

Indonesia Ready to Widen Budget Deficit Amid Darkening Outlook

Deputy finance minister sees further slump in global outlook
Indonesia facing risks to capital inflows and FDI, Nazara says

Inside The Indonesia Stock Exchange (IDX) As Jokowi Wins New Term — Photographer: Dimas Ardian/Bloomberg

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By Viriya Singgih and Karlis Salna

November 20, 2019 at 1:54 AM UTC

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Indonesia’s government is prepared to widen the budget deficit further to counter a potential deeper deterioration in the global growth outlook, Deputy Finance Minister Suahasil Nazara said.