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Macro Finance

Indonesia Cuts Travel Spending as Energy Costs Pressure Budget

Bloomberg Markets·October 9, 2026·1 min read

Indonesia ordered ministries and agencies to cut unspent travel allocations by 30% toward year-end as higher oil prices and costly flagship programs pressure the budget. The spending tightening targets travel costs specifically, with the government seeking to offset rising energy expenses and reallocate funds to priority programs before the fiscal year closes.

Read at Bloomberg Markets
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