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Indonesia's 2022 deficit to drop below 4% despite subsidy hike, says Finance Ministry

The Indonesian Finance Ministry is confident that the state budget deficit will drop below 4 per cent of gross domestic product (GDP) this year, pointing to faster-than-planned fiscal consolidation despite increased spending to shield Indonesians from surging global energy prices.
United States Jakarta Raya Sri Mulyani Indrawati Josua Pardede Mulyani Indrawati Indonesian Finance Ministry

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