Indonesia's Prabowo proposes $230B 2027 budget with deficit target at 2.4% of GDP

Indonesian President Prabowo Subianto has proposed a $230 billion state budget for 2027.

The plan sets the fiscal deficit target at 2.4% of GDP as the government seeks to maintain economic stability and fiscal discipline.

Prabowo said the budget is designed to sustain Indonesia’s economic growth and capitalize on recent gains in domestic investment.