Following Rp137.6 trillion in budget cut for this year, Finance Minister Sri Mulyani expects lower economic growth (5.1%) than then target (5.2%) set on the revised budget (APBN-P) for 2016. Target for economic growth in 2017 is also revised down to 5.2% from 5.3%. This is Sri Mulyani continuing her effort to demonstrate to the world that Indonesia is capable of being realistic, a move aimed at building trust in the Government’s budgeting credentials.To subscribe please click here