Indonesia's proposed 2017 budget puts fiscal deficit at 2.41 pct of GDP

JAKARTA, Aug 16 (Reuters) - Indonesia's President Joko

Widodo on Tuesday proposed to parliament a 2017 state budget

that has a fiscal deficit at 2.41 percent of gross domestic

product (GDP) and assumes the economy will grow 5.3 percent next

year.

The government's GDP growth target this year is 5.2 percent.

In the second quarter, Indonesia had stronger-than-expected

annual growth of 5.18 percent.

The initial budget for this year called for a fiscal deficit

of 2.35 percent. But new Financ

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