Indonesia posts budget surplus of nearly $9 billion in January-May

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JAKARTA: Indonesia recorded a budget surplus of 132.2 trillion rupees ($8.91 billion) or 0.74% of GDP in the first five months of the year, its finance minister announced on Thursday , against a deficit of 1.3% of GDP over the same period. in 2021

Government revenue increased by 47.3% on an annual basis to reach 1,070.4 trillion rupees during the January-May period, supported by high commodity prices and an improving national economy, while that expenditure fell by 0.8% to 938.2 trillion rupees, Sri Mulyani Indrawati said. an online press conference.

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($1 = 14,835.0000 rupees)

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