Indonesia proposes 216 bln USD state budget for 2024

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Indonesia proposes 216 bln USD state budget for 2024

STORY: Indonesia proposes 216 bln USD state budget for 2024 DATELINE: Aug. 17, 2023 LENGTH: 00:02:08 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of Indonesian President Joko Widodo in the parliament 2. SOUNDBITE (Bahasa Indonesia): JOKO WIDODO, Indonesian President STORYLINE: Indonesian President Joko Widodo delivered his annual budget speech to parliament on Wednesday, saying State Expenditure is allocated at 3,304.1 trillion rupiah (216.24 billion U.S. dollars) for 2024. According to him, the state revenue is planned at 2,781.3 trillion rupiah (181 million U.S. dollars) and the budget deficit is set at 2.29 percent of gross domestic product (GDP) which equals to 522.8 trillion rupiah (34 billion U.S. dollars) for 2024. The president said the budget was designed to face the geo-economic tension that may lead to disruption of supply chains, escalating the risk of global food and energy security. It also puts poverty eradication and human development as priorities. SOUNDBITE (Bahasa Indon

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