seach-icon
  • user-img

    QONEQT in Indonesia

    05-Sep-2022 03:19 PM


    thumbnail

    Indonesia govt expects 2022 inflation at 6.6% to 6.8% after fuel price hike

    JAKARTA : Indonesia's inflation rate for 2022 is seen at a range of 6.6 per cent to 6.8 per cent following a 30 per cent increase in subsidised fuel prices over the weekend, a finance ministry official said on Monday.

    Febrio Kacaribu, the head of the ministry's fiscal policy office, told reporters the government still expects a fiscal deficit of 3.92 per cent of GDP in 2022 after the price hike. The annual inflation rate was 4.69 per cent in August.
    Source: CNA
    #Indonesia