Indonesia seeks 5 billion dollars in budget savings

President Prabowo Subianto aims to save 80 trillion rupiah to stabilize the economy during the regional war. Officials are prioritizing budget efficiency now.

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The government of Indonesia is actively pursuing budget efficiencies totaling approximately 80 trillion rupiah, equivalent to $5 billion, to mitigate the economic repercussions of the ongoing conflict involving the United States, Israel, and Iran. Presidential spokesperson Prasetyo Hadi confirmed the savings target in a recently published interview, highlighting the administration's proactive stance on fiscal management amid rising global tensions.

Indonesian President Prabowo Subianto pictured at the 2026 World Economic Forum in Davos, Switzerland. REUTERS/Denis Balibouse/File Photo
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