Regulations
Fitch Ratings, among two rating agencies that cut Indonesia's credit rating outlook this year, has cited potential changes to the fiscal and debt limits in state finance laws as factors in their outlook revisions.
Finance Minister Purbaya Yudhi Sadewa (right) delivers a presentation on Oct. 14, 2025, during a monthly press briefing on the state budget at the Finance Ministry in Central Jakarta. (Antara/Dhemas Reviyanto)
Indonesia's parliament will soon start deliberating on a revision to state finance laws, but the focus will not be on changing rules on fiscal deficit limits, a senior lawmaker said on Monday.Investors are paying close attention to fiscal sustainability in Indonesia due to President Prabowo Subianto's big spending plans, with particular focus on whether he might change rules that cap the annual budget deficit at 3 percent of gross domestic product and public debt at 60 percent of GDP.
Fitch Ratings, among two rating agencies that cut Indonesia's credit rating outlook this year, has cited potential changes to the fiscal and debt limits in state finance laws as factors in their outlook revisions.
