Indonesia posts US$1.9b budget deficit for Jan-Feb on state revenue slump
Indonesia’s finance ministry delivered its first budget briefing for 2025 two months into the year, a delay that had many asking questions about the state of the government's finances. Indonesian Finance Minister Sri Mulyani Indrawati attributed the unusual wait to very unstable data that the ministry had to consider due to various factors. Indonesia posted an unlikely budget deficit as of February 2025 due to a double-digit drop in state revenues. Chandni Vatvani reports.
Indonesia’s finance ministry delivered its first budget briefing for 2025 two months into the year, a delay that had many asking questions about the state of the government's finances. Indonesian Finance Minister Sri Mulyani Indrawati attributed the unusual wait to very unstable data that the ministry had to consider due to various factors. Indonesia posted an unlikely budget deficit as of February 2025 due to a double-digit drop in state revenues. Chandni Vatvani reports.
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