Indonesia's Prabowo Vows Faster Growth, Fiscal Discipline [Yahoo! Finance]
MALAYAN BKNG BERHAD S/ADR (MLYBY)
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Source: Yahoo! Finance
uphold fiscal prudence and maintain a steady hand on the economy once he's in the driver's seat. Most Read from Bloomberg America Blew Almost $2 Trillion. Make It Stop. Supreme Court Rules Trump Can Appear on Presidential Ballots Wall Street's DEI Retreat Has Officially Begun China Scraps Premier Li's Briefing, Breaking Years of Convention Chicago to Go Ahead With Plan to Revamp Empty Downtown Towers Prabowo, in a speech Tuesday at the Mandiri Investment Forum, said he is targeting economic growth of 8% in the next five years, while keeping focus on expanding the tax base and maintaining fiscal discipline. He said he will push for a tax revenue target of about 14%-16% of gross domestic product by ensuring wider compliance without necessarily resorting to more levies. “Our trade balance has been positive for the last five years. Our reserves are very healthy although it must be better in coming years,” Prabowo told the audience, comprising ambassadors and the business c
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