Indonesia's Parliament Approves 2015 Budget

Indonesia's Parliament Approves 2015 Budget

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic growth forecast of 5.8% and rupee expectations at $11,900. Finance Minister Hardy Bastards outlines the budget, which allows flexibility for the next government without setting limits on fuel subsidies. The outgoing government proposed a budget deficit of 2.21% of GDP, excluding reforms by incoming President Joko Widodo, who may revise the budget in January. Analysts suggest that Widodo's limited powers could hinder fuel subsidy cuts, a key issue amid fiscal concerns.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the revised economic growth rate expected for the economy?

5.6%

5.4%

6.0%

5.8%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proposed budget deficit as a percentage of GDP by the outgoing government?

3.00%

2.50%

2.21%

1.75%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not included in the outgoing government's budget proposal?

Fuel price hike

Both A and B

Reform programs

Subsidy cuts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key issues for Indonesia that the incoming government needs to address?

Economic expansion

Fuel subsidy reduction

Rupee stabilization

Parliamentary approval

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might be a consequence of the incoming President's weaker-than-expected powers?

Increased economic growth

Easier subsidy cuts

Difficulties with fiscal management

Stronger currency