JakartaLawmakers debate breaking Indonesia’s 3% deficit ceiling.
Some legislators argue the government needs room beyond it to fund the agenda.
The cap dates to the aftermath of the 1997-98 Asian financial crisis, when unchecked debt cost Jakarta its economic sovereignty.
The rupiah has held near 17,740 per dollar as of Friday, with the committee’s decision pending.
How each outlet framed it
- The Diplomat
- proposes conditional fiscal flexibility—tied to weak tax revenue or energy-subsidy spikes—instead of rigid 3% deficit ceiling
Sources: The Diplomat