Indonesia's Prabowo Wants Gradual Increase in Debt-to-GDP, Adviser Says ​

PRABOWO SUBIANTO - JAKARTA. Indonesia's President-elect Prabowo Subianto will increase the country's debt-to-GDP ratio level gradually, alongside efforts to boost tax revenues, his top adviser and brother Hashim Djojohadikusumo told a seminar on Monday.

The increase may be within a range of 1 to 2 percentage points per year, he said, describing Indonesia's current debt-to-GDP level of under 40% as "underleveraged".

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