JAKARTA (Reuters) – Indonesia’s parliamentary budget committee and the government on Wednesday agreed on 2023 spending of 3,061.2 trillion rupiah ($205.31 billion), slightly higher compared to the proposed budget, the committee’s chair Said Abdullah said.
The 2023 budget deficit target was agreed at 2.84% of the gross domestic product, Said told Reuters. The committee and the government also agreed on 2023 marcoeconomic assumption which include 5.3% of economic growth. A wider parliamentary vote is still needed, but the committee’s endorsement is usually passed.
($1 = 14,910.0000 rupiah)
(Reporting by Stefanno Sulaiman; Editing by Martin Petty)
