Finance Minister highlights State Budget flexibility amid challenges
Jakarta, Oct. 30 -- Finance Minister Suahasil Nazara emphasized the flexibility and credibility of Indonesia's State Budget (APBN) in responding to evolving global and domestic conditions, including volatile commodity prices and rising international interest rates.
"What is the financing used for? The financing we secure is intended for state expenditure. As I mentioned earlier, we always design state expenditure to be flexible enough to respond to unfolding developments," Suahasil said in Jakarta on Friday.
He noted that the budget serves as a crucial tool to promote prosperity, foster growth, and protect the public while maintaining strict financial credibility.
To address structural challenges at the regional level, the central gove...
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