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Indonesia had a January 2026 budget deficit of $3.25 billion, driven by higher spending outpacing revenue growth.
Indonesia recorded a budget deficit of 54.6 trillion rupiah ($3.25 billion), or 0.21% of GDP, in January 2026, marking a shift from typical early-year surpluses.
Revenue rose 20.5% year-on-year to 172.7 trillion rupiah, driven by improved tax collections and reduced refunds, while spending surged 25.7% to 227.3 trillion rupiah.
The increase in expenditures, including major spending on social programs and infrastructure, outpaced revenue growth, drawing investor scrutiny over fiscal stability and market transparency.
Despite concerns, the government aims to keep the deficit within its 3% GDP legal limit.
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Indonesia tuvo un déficit presupuestario en enero de 2026 de $ 3.25 mil millones, impulsado por un mayor gasto que superó el crecimiento de los ingresos.