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Indonesia to Launch Economic Stimulus to Boost Consumption

Summary by WTVB
JAKARTA (Reuters) -Indonesia plans to announce economic stimulus measures on June 5 to boost economic activity and consumer purchasing power this quarter, a government spokesperson said on Saturday. Southeast Asia’s largest economy grew 4.87% in the first quarter from the same period last year, its weakest in more than three years. The central bank trimmed its 2025 growth forecast to between 4.6% and 5.4% from a 4.7%-5.5% range. The incentives i…
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The government is optimistic that the six economic stimulus packages ready to be launched in early June will be able to maintain economic growth in the range of 5% in the second quarter of 2025....

Millions of Indonesians will soon receive a 50 percent discount on their energy bills. The Southeast Asian country also wants to help poorer residents with free food and subsidies. The measures are intended to boost the country's economic growth, the Coordinating Ministry for Economic Affairs announced.

·Apeldoorn, Netherlands
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BizToc broke the news in on Saturday, May 24, 2025.
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