MARKET PULSE
Dampen those High Expectations!

Manggi Habir

THE markets have reacted positively to the recent cabinet reshuffle, especially with the return of former Finance Minister Sri Mulyani, who quickly moved to further cut government spending to ensure the fiscal deficit stays below its 3-percent limit. This was done, even with projections that tax revenues would rise during the tax amnesty period, which is currently running from early July this year till end-March next year. But optim

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