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Indonesia is tightening government spending, requiring all ministries and agencies to cut unused travel budgets by 30%. By the end of September, the fiscal deficit widened to 1.24% of GDP, and the government is still expected to achieve the target of a deficit of about 2.8% of GDP for the whole year. The Indonesian government introduced measures such as controlling expenses and speeding up tax refunds, while also opening up new revenue sources, including taxing sugary drinks.

Zhitongcaijing·10/09/2026 06:39:05
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Indonesia is tightening government spending, requiring all ministries and agencies to cut unused travel budgets by 30%. By the end of September, the fiscal deficit widened to 1.24% of GDP, and the government is still expected to achieve the target of a deficit of about 2.8% of GDP for the whole year. The Indonesian government introduced measures such as controlling expenses and speeding up tax refunds, while also opening up new revenue sources, including taxing sugary drinks.