Indonesia seeks $5 billion budget savings to face Iran war impact

March 20, 2026 10:50 PM EDT

FILE PHOTO: Indonesian President Prabowo Subianto attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. REUTERS/Denis Balibouse/File Photo

JAKARTA, ‌March 21 (Reuters) - ​Indonesia ​is seeking an estimated ‌80 trillion rupiah ($5 ⁠billion) in budget ‌savings to help ‌cope with the impact of the ​U.S.-Israeli war on Iran, presidential ⁠spokesperson Prasetyo Hadi said in ​an interview published on Saturday.

In the ​video interview ‌with several journalists and experts, ⁠President Prabowo Subianto said the ⁠Southeast Asian nation was ​working very hard on budget efficiency to address ‌the impact of the conflict.

($1 = ‌16,975.0000 rupiah)

(Reporting ⁠by ‌Ananda Teresia, ​Stefanno Sulaiman; Editing by William ‌Mallard)



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