Defending the 3% Line: Indonesia Scrambles to Cut Ministry Waste as Global Oil Spike Threatens Budget

JAKARTA, Indonesia (JakartaWeekly.com) – Indonesia’s finance ministry has begun identifying potential budget cuts across government agencies, a preemptive strike aimed at protecting the nation’s fiscal deficit as soaring global oil prices put the state treasury under immense pressure. Finance Minister Purbaya Yudhi Sadewa confirmed on Monday that his office is drafting an efficiency plan to […]