✉news BusinessEconomy first seen 14 h ago, last 10 h ago, peak #20
Indonesia debates its 3% budget deficit cap
Original: Indonesia’s 3% deficit cap: guardrail or growth barrier?
Indonesia's rule limiting the budget deficit to 3% of GDP is being debated, with critics asking whether it serves as a necessary fiscal guardrail or a barrier to growth. Supporters say the cap protects investor confidence and fiscal discipline, while opponents argue it constrains spending needed for development and infrastructure in Southeast Asia's largest economy.
Why now: Policymakers and commentators are weighing fiscal discipline against growth ambitions amid pressure for higher public spending.
Evidence
- Indonesia’s 3% deficit cap: guardrail or growth barrier? · South China Morning Post
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