Indonesia’s 2022 fiscal deficit seen at 2.49% of GDP-president By Reuters

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© Reuters. FILE PHOTO: A teller counts Indonesian rupiah bank notes at a money changer in Jakarta, Indonesia, October 14, 2022. REUTERS/Willy Kurniawan

JAKARTA (Reuters) – Indonesia’s fiscal deficit for the whole of 2022 will likely be 2.49% of gross domestic product, much smaller than deficits in 2021 and 2020, President Joko Widodo said on Wednesday.

The president also said with COVID-19 cases declining, Indonesia may lift all remaining pandemic-related mobility restrictions by year-end.

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