JAKARTA (Reuters) – Indonesia’s government will propose expanding its 2021 fiscal deficit assumption to 5.2% of gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati said on Tuesday.
Speaking after a cabinet meeting, she said President Joko Widodo wanted more fiscal room next year to weather uncertainty over the end of coronavirus pandemic and the availability of a vaccine.
Indrawati has previously said the 2021 fiscal deficit was expected to be between 4.17%-4.7% of GDP.
(Reporting by Maikel Jefriando; Writing by Fransiska Nangoy; Editing by Ed Davies)
