Indonesia finmin sees 2011 budget deficit at 2.1 pct of GDP

JAKARTA, July 4 (Reuters) - Indonesia's government sees its budget deficit for 2011 at 2.1 percent of gross domestic product, wider than the 1.8 percent previously expected, according to the transcript of a speech Finance Minister Agus Martowardojo is giving parliament on Monday.

This came as its fuel subsidy bill was seen rising to 120.8 trillion rupiah ($14.1 billion), up from a previous budget forecast of 95.9 trillion rupiah, on higher oil prices, Martowardojo told parliament in the speech.

The government's revised 2011 budget still needs to be approved by parliament. ($1 = 8545.5 Rupiah) (Reporting by Adriana Nina Kusuma; Editing by Neil Chatterjee)