(EnergyAsia, October 1, Monday) — The Indonesian government said its budget deficit is not expected to widen beyond the forecast 1.5% of gross domestic product (GDP) despite the negative impact of the rising oil prices which recent surged to record levels above US$80 a barrel.For its 2007 budget, the Finance Ministry had assumed an average…
INDONESIA: Finance ministry says budget deficit contained despite high oil prices
Posted on September 30, 2007 by EnergyAsia