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Indonesia president unveils smaller budget for 2023

JAKARTA (CNA) – Indonesian President Joko Widodo yesterday tabled a IDR3,041.7 trillion (USD206 billion) budget for 2023, while reminding the nation to remain cautious amid global uncertainties.

He said in Parliament: “In the future, we must continue to maintain our prudence and vigilance.

“The risk from global economic turbulence remains high,” he added, referring to how the Russia-Ukraine war and geopolitical tensions have resulted in supply chain disruptions.

More details in Wednesday’s Borneo Bulletin



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