Indonesia is planning to reduce its budget deficit in 2019 in order to better manage its finances. The Indonesian government set a plan to reduce its budget deficit and also aims to reach a targeted 2.5% gross domestic product (GDP) in 2019. The country is confident in meeting their budget deficit reduction plan.
Vastenburg Ruin in Solo, Java
The 19th century Vastenburg Fort Ruins located in Solo, Java, is a Dutch-era relic. It was built in 1825 in order to fend off attacks by the Astra Minahasa people and is another reminder of Indonesia's history before entering its modern era. The ruins now serves as a stable and silent witness for the passage of time, where the past and present come together.
Traffic in Klaten, Java
Klaten, located in Central Java, is the first city in Indonesia to implement the car-free Sunday program. On Sunday mornings, the streets of Klaten are cleared of vehicles, as the city wants to encourage its citizens to get out and get active. Sundays are also an opportunity for local businesses to show off their wares, as smaller vendors and entrepreneurs can set up shop and share their dishes with the public.
Furthermore, reducing the budget deficit is not just about adjusting the numbers: it is also about the impact on the lives of the people in Indonesia. When the government spends less, it allows the people to save and invest more, which can ultimately stimulate the economy. This, in turn, creates more opportunities and job prospects for more people. As more people can actively participate in the economy, the development of the country can be pushed forward, leading to better outcomes for all.
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