US EditionIndonesia unveils economic stimulus package worth almost $1 billion
The $1.27 billion package includes food aid to 18.3 million households and programs creating over 600,000 temporary jobs to counter economic challenges, officials said.
- Indonesia announced a 16.23 trillion rupiah economic stimulus package on September 15, 2025, in Jakarta.
- The stimulus responds to signs of economic slowing after a 5.12% growth in Q2 and targets implementation in Q4 2025 with extensions into 2026.
- The package includes food aid to 18.3 million households, infrastructure programs creating over 600,000 temporary jobs, a paid internship for 20,000 graduates, and tax relief for tourism workers.
- Chief Economic Minister Airlangga Hartarto expressed optimism that this stimulus package will enable the country to achieve its economic growth goal of 5.2 percent for the year, while Finance Minister Sadewa anticipates that the budget deficit will remain at the projected 2.78% of GDP.
- The measures aim to sustain growth and jobs, with some stimulus elements, including an insurance scheme and tax rates for small businesses, extended through 2026 and 2029 respectively.
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Indonesia unveils economic stimulus package worth almost US$1 billion
JAKARTA: Indonesia on Monday (Sep 15) announced a new economic stimulus package worth 16.23 trillion rupiah (US$989.33 million), including food assistance and an infrastructure building programme that could provide temporary work for more than 600,000 people.The stimulus measures will be implemented in the fo
Indonesia unveils economic stimulus package worth almost US$1bil
JAKARTA: Indonesia on Monday announced a new economic stimulus package worth 16.23 trillion rupiah (US$989.33 million), including food assistance and an infrastructure building programme that could provide temporary work for more than 600,000 people. © New Straits Times Press (M) Bhd
Indonesia unveils economic stimulus package worth almost $1 billion
Indonesia on Monday announced a new economic stimulus package worth 16.23 trillion rupiah ($989 million), including food assistance and an infrastructure building programme that could provide temporary work for more than 600,000 people.
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