Indonesia's 2012 Budget Deficit May be 1.4 Pct of GDP

Indonesia's 2012 budget deficit may amount to the equivalent to 1.4% of the nation's gross domestic product, compared with 1.8% or around IDR127 trillion ($14.7 billion) in 2011, Finance Minister Agus Martowardojo told reporters Monday.
“The budget deficit for next year, however, could still increase to around 1.6% as spending for the development of infrastructure will still be higher (than in 2011),“ Martowardojo said.