Source: Pano feed
Đăng ký: VietNam News
The Indonesian Government is revising the 2014 State budget plan which is scheduled to be submitted to the parliament before the April 9 election.
According to Indonesian Finance Minister Bambang Brodjonegoro, the revision is necessary in face of economic uncertainty, particularly surrounding the exchange rate between the rupiah and US dollar, national oil and gas output, and the budget deficit.
He said the deficit will range between 1.9 – 2.5 percent of the gross domestic product.
In order to lower the deficit, caused by lower taxation and the energy subsidy burden, the Indonesian Government will cut unnecessary expenses and minimise new lending.-VNA
Đăng ký: VietNam News
