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gross domestic product gdp

Indonesia Posts US$ 7,1 Billion Jan-Aug Budget Surplus & Expects Higher Energy Bills

gross domestic product gdp
Indonesia had a budget surplus of 107,4 trillion rupiah (US$ 7,10 billion) in the January to August period, equivalent to 0,58% of gross domestic product. KONTAN/Fransiskus Simbolon

KONTAN.CO.ID - JAKARTA. Indonesia had a budget surplus of 107,4 trillion rupiah (US$ 7,10 billion) in the January to August period, equivalent to 0,58% of gross domestic product. Its finance minister said on Monday, compared with a 2,26% deficit in the same period in 2021.

Finance Minister Sri Mulyani Indrawati said the government was still, however, expecting to pay large energy subsidies in the third and fourth quarters of this year.

"We will use all of our excellent state revenue," she told a news conference, referring to the financing of the subsidies.

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