Citi Says Indonesia May Breach 3% Legal Cap on Deficit This Year

Citi Says Indonesia May Breach 3% Legal Cap on Deficit This Year



Citi Says Indonesia May Breach 3% Legal Cap on Deficit This Year
Indonesia’s fiscal deficit is likely to widen well beyond its legal limit this year as the government ramps up spending on its nationwide free meals program and the rebuilding of flood-hit provinces in Sumatra island, according to Citigroup Inc.


www.bloomberg.com
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