US EditionIndonesia's Economic Incentives to Cost US$1.5 Billion, Finance Minister Says
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Indonesia's economic incentives to cost US$1.5 billion, finance minister says
JAKARTA: Indonesia's economic policy package aimed at stimulating demand, which includes fare subsidies as well as cash and food handouts over June and July, will cost the government 24.44 trillion rupiah (US$1.5 billion), the finance minister said on Monday (Jun 2). State-owned companies will cover around
Indonesia’s economic incentives to cost US$1.5 bln
JAKARTA, June 2 — Indonesia’s economic policy package aimed at stimulating demand, which includes fare subsidies as well as cash and food handouts over June and July, will cost the government 24.44 trillion rupiah or US$1.5 billion (RM6.38 bln), said Finance Minister Sri Mulyani Indrawati. State-owned companies will cover around 850 billion rupiah (RM222.4 million) in costs for policies like subsidising highway toll fares, while the rest will co…
President Prabowo Subianto officially approved the provision of 5 economic incentive packages, which include transportation discounts and toll rates. President Prabowo...
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