Indonesia Deficit Contained, Primary Surplus in May
UOB economists note a primary surplus in May despite rapid expenditure, indicating the fiscal deficit remains contained.
UOB Global Economics & Markets Research economists Enrico Tanuwidjaja and Vincentius Ming Shen assess Indonesia's fiscal metrics, highlighting a primary surplus recorded in May. This surplus was achieved despite rapid expenditure during the period.
The analysis suggests the deficit remains contained, supported by revenue performance. The economists' assessment comes amid ongoing monitoring of fiscal health in Southeast Asia's largest economy.
Source: FXStreet Forex News