KONTAN.CO.ID - JAKARTA. Indonesia's President Joko Widodo on Tuesday proposed a slightly smaller budget for 2023 than for this year to parliament, pledging to consolidate fiscal positions after racking up large deficits during the pandemic.
Jokowi, as the president is popularly known, proposed a budget of 3.041,7 trillion rupiah (US$ 205,94 billion) for next year, with a deficit of 2,85% of gross domestic product, the smallest budget gap since 2019.
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