Indonesia Govt to Spend $50 bil Stimulus for Workers to Revive Sluggish Demand

Indonesia Govt to Spend $50 bil Stimulus for Workers to Revive Sluggish Demand


Indonesia is accelerating disbursement of some $50 billion in fiscal stimulus to revive consumer spending and prevent Southeast Asia’s largest economy from sliding into a recession. The government will pay 28.8 trillion rupiah ($1.96 billion) to civil servants and state pensioners as a 13th month salary starting this week, Finance Minister Sri Mulyani Indrawati said. […]
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Date: August 11, 2020 at 06:00
Author: hrinasia – Nurlita

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