Indonesia parliament passes Jokowi’s $216 billion 2024 budget

JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed President Joko Widodo’s 3,325.1 trillion rupiah ($216.06 billion) budget for 2024, his final year in office, with a fiscal deficit of 2.29% of gross domestic product.

The budget assumes economic growth of 5.2%, which is slightly higher than 2023’s outlook of 5.1% and a state revenue target of 2,802.3 trillion rupiah.

($1 = 15,390.0000 rupiah)

(Reporting by Stefanno Sulaiman; Editing by Martin Petty)