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Indonesia sets economic stimulus package to spur growth, offering discounts and aid to households.
Indonesia plans to launch an economic stimulus package on June 5 to boost its economy, which grew only 4.87% in Q1, its slowest pace in over three years.
The package includes a 50% discount on electricity bills for many households, food aid for low-income families, and subsidies for electric motorcycles and highway tolls.
It aims to enhance consumer spending and reach 5% growth in Q2.
The central bank forecasts 2025 growth between 4.6% and 5.4%.
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Indonesia establece un paquete de estímulo económico para impulsar el crecimiento, ofreciendo descuentos y ayuda a los hogares.