Jakarta, June 18 -- Lower global oil prices amid easing tensions in the Middle East could provide Indonesia with greater fiscal space, according to Government Communication Agency (Bakom) head Muhammad Qodari.

"We see that Indonesia's fiscal space will become lighter, especially with the decline in global oil prices," Qodari said in Jakarta on Wednesday.

He noted that recent developments involving Iran, the United States, and Israel have raised hopes for global economic stability, although the situation remains dynamic and should be approached with caution.

According to Qodari, lower oil prices are positive news for Indonesia. Global oil prices that previously stood at around US$93 per barrel have now fallen below US$80 per barrel.

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