ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Indrawati chops $10bn from Indonesia's budget

Indonesian Finance Minister Sri Mulyani Indrawati poses for selfies with well-wishers at the World Islamic Economic Forum in Jakarta on August 4 (Photo: Simon Roughneen)

JAKARTA -- Sri Mulyani Indrawati, Indonesia's new finance minister, said on Wednesday that 133.8 trillion rupiah ($10 billion) will be cut from government spending this year in anticipation of a widening shortfall in tax revenue.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more