Indonesia may increase capital spending by 28 percent next year as the government aims to build more bridges and roads to boost growth in Southeast Asia’s biggest economy, President Susilo Bambang Yudhoyono said. The economy may expand 6.3 percent next year from 6 percent this year, Yudhoyono told parliament in Jakarta today. Capital spending in the 2011 state budget may rise by 26.6 trillion rupiah ($2.96 billion) to 121.7 trillion rupiah next year, he said in a speech. Read More
