REPUBLIKA.CO.ID, JAKARTA -- The government aims to curtail the deficit in the 2015 revised budget to below two percent of the gross domestic product (GDP) after it has a fiscal room following fuel price adjustment and spending cuts.

"We will see the calculation. What we wish is to push it towards two percent," Finance Minister Bambang Brodjonegoro stated here on Wednesday (26/11).

He noted that the budget deficit could drop below the initial estimate due to some additional income from various optimization efforts and cutting of non-urgent spendings.

The government is confident that it will get additional funds from the conversion of fuel subsidy to productive programs such as infrastructure development and social security worth between Rp110 trillion to Rp140 trillion.