Presumptive president-elect Prabowo Subianto projects 8 per cent growth for Indonesia in the next five years, at a time when the country is facing economic headwinds.
Indonesia's new fiscal measures will increase government revenues relative to gross domestic product, or the tax ratio, to 9.22% next year, compared with an estimated range of between 8.4% to 8.6% in 2021 to 2025, its finance minister said.