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Indonesia's, Budget, Too Ambitious?
Published 1 year ago
Description
Under the first budget by President Prabowo Subianto, the Indonesian government is set to spend USD $234 billion in 2026. The plan aims to boost the economy by 5.4% while keeping the fiscal deficit at 2.48% of GDP. Lionel Priyadi, Head of Research, PT Mega Capital Sekuritas gives us his impressions of this budget and what it means for the domestic equity market.
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