• The government will raise its 2021 state budget deficit assumption to 5.2 per cent of gross domestic product (GDP) to weather the uncertainties of the pandemic, which is expected to continue affecting the economy next year.
  • With a wider deficit, the government would have an additional 179 trillion Indonesian rupiah (US$12.33 billion) to support the economy next year, Finance Minister Sri Mulyani Indrawati said, adding that it would spend more of the budget on priority programmes on food security, industrial area development, technology development, education and health care.
  • The government expects the deficit to reach 6.34 per cent this year as it sets aside 695.2 trillion Indonesian rupiah for stimulus measures to strengthen the country’s healthcare response and boost the economy.

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