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Indonesia Announces Massive $18.8 Billion Spending Cut in 2024 Budget

2025-01-24Channel NewsAsia Singapore
Indonesia Announces Massive $18.8 Billion Spending Cut in 2024 Budget

In a bid to boost economic stability, Indonesia's President Prabowo Subianto has ordered a significant reduction in government spending, with plans to cut 306.7 trillion rupiah (US$18.8 billion) from the budget this year. This move is expected to hav ...Read more

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