Indonesia Announces $18.8 Billion Spending Cut Amid Economic Prudence
![Indonesia Announces $18.8 Billion Spending Cut Amid Economic Prudence](https://www.reuters.com/resizer/v2/LUYH72WNDRKUNAHNJUZ7ONOZZY.jpg?auth=4dfa8343f575919222005fb5ae1bc895094945f406c2fefb3339f574fb681741&height=1005&width=1920&quality=80&smart=true)
In a bid to promote economic stability, Indonesian President Prabowo Subianto has ordered a significant reduction in government expenditure. The finance ministry has announced plans to cut spending by 306.7 trillion rupiah, equivalent to $18.8 billio ...undefined