Indonesia To Review Spending, Revenue Collection, Bond Issuance Targets – Finance Minister

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The FINANCIAL — Indonesia will review its spending, revenue collection, and bond issuance targets for this year in view of changes in global macroeconomic conditions, Finance Minister Agus Martowardojo said Monday.

 

According to London Stock Exchange, the government may either cut its spending, or increase revenue collection, Martowardojo told reporters.

The minister recently said the government will put forward a proposal to amend the current budget in March due to changes in the global economy and the rapid rise in oil prices.

 

 

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