JAKARTA -- Indonesia is upbeat about its economic prospects, with the government aiming for gross domestic product growth of 5.3% next year and for the fiscal deficit to return to the pre-pandemic level, despite the challenging geopolitical situation, according to the 2023 draft budget unveiled Tuesday.
Economy
Indonesia eyes 5.3% growth, cuts to fiscal deficit in 2023
Elections, capital move are priorities in next year's budget plans
Indonesian President Joko Widodo, dressed in traditional attire from the Bangka Belitung Islands, gestures as he delivers his state of the nation address on Aug. 16. © Reuters
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