12 January 2025

JAKARTA (Reuters) – Indonesia's budget deficit for fiscal year 2024 was lower than the government's latest estimate of 2.7% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Thursday.

© Reuters. Indonesian Finance Minister Sri Mulyani during an interview with Reuters, ahead of the meeting of ASEAN finance ministers and central bank governors in Jakarta, Indonesia, on August 24, 2023. REUTERS/Willi Kurniawan

Without giving the exact figure, Sri Mulyani said the deficit was almost as narrow as the government's original plan to keep the fiscal gap at 2.29% of GDP.

She added that the details will be revealed later, during a ceremony marking the opening of the stock exchange for the new year.

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