Deficit Moving to 2.7 Percent

The Finance Ministry will control the deficit in the 2017 Revised State Budget at 2.7 percent of the gross domestic product.

Kompas/Totok Wijayanto

A tax office staff member helps taxpayers file their annual tax returns using the e-filing system at the Ciputra Mall Tax Corner, Jakarta, Wednesday (22/3).

JAKARTA, KOMPAS — The Finance Ministry will control the deficit in the 2017 Revised State Budget (APBN-P) at 2.7 percent of the gross domestic product (GDP). The deficit target is 2.92 percent or Rp 397 trillion.

Finance Minister Sri Mulyani Indrawati, responding to a question from Kompas in Jakarta last week, said the government would strive to reach the state revenue target, mainly the tax as the primary contributor. However, the government is anticipating a realization below the target.