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Search result with “Economic Stimulus Package” as a keyword founded 33 news.

Indonesia Prepares Economic Stimulus to Counter US Tariffs, Protect Local Jobs

... Indonesia is crafting an economic stimulus package to shield its export ... heavy industries. Chief Economic Affairs Airlangga Hartarto said ... Indonesian exports. The package includes easing import ... the National Economic Council, said the stimulus package is also ...
Business Apr 18, 2025 | 6:15 pm

Government Earmarks Rp 20 Trillion to Rescue Labor-Intensive Industries

... “The government has formulated a stimulus package for machinery revitalization, allocating Rp ... of the National Economic Council (DEN), focused on economic recovery strategies. ... swift ratification of the Comprehensive Economic Partnership Agreement (CEPA) with ...
Business Mar 20, 2025 | 12:09 am

Sri Mulyani Announces Rp 265T Economic Stimulus to Offset VAT Hike Impact

... Mulyani Indrawati has unveiled an economic stimulus package worth Rp 265 trillion ($16 ... (VAT). As part of the stimulus, rice assistance will be provided ... , will be reintroduced in the stimulus package. The initiative also includes income ...
Business Jan 1, 2025 | 3:55 am

Prabowo Announces 12% VAT Increase on Luxury Goods Starting January 2025

... . The government also unveiled a stimulus package worth Rp 38.6 trillion ... on inflation, purchasing power, and economic growth," he said, reaffirming the ... the people and encourage equitable economic development. The move has drawn ...
News Dec 31, 2024 | 7:30 pm

Gov't Denies Plans to Lower Income Tax Incentive Threshold for MSMEs

... at the Coordinating Ministry for Economic Affairs, also made a similar ... on providing all sorts of economic stimulus packages, particularly for our MSMEs ... ministerial regulations. ... The recently announced package is only focused on extending ...
Special Updates Dec 19, 2024 | 3:47 pm

Government Projects 0.3% Inflation Increase with New 12% VAT Rate in 2025

... . The Coordinating Ministry for Economic Affairs expects inflation to rise ... and middle-income households, worsening economic vulnerability. “The VAT increase will ... trillion ($51.65 billion) stimulus package targeting various sectors, including households ...
Business Dec 18, 2024 | 9:36 am

Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class

... percent will worsen the economic conditions, especially for lower ... the government’s economic policy package tends to focus ... that the government’s economic policies are short-term ... trillion ($51.65 billion) stimulus package targeting various sectors, including ...
Business Dec 17, 2024 | 6:08 pm

VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain

... on consumers. To ease the economic burden from the VAT hike ... 827 trillion ($51.65 billion) stimulus package targeting various sectors, including households ...
Business Dec 17, 2024 | 5:17 pm

Labor-Intensive Sector Workers to Enjoy Income Tax Incentive

... out an income tax incentive package for people working in the ... trillion ($51.4 billion) in stimulus packages to reduce the higher ... million and Rp 10 million,” Economic Affairs Minister Airlangga Hartarto told ...
News Dec 17, 2024 | 12:06 pm

Indonesia Rolls Out $51.65 Billion Stimulus Package for 2025 to Offset VAT Increase

... unveiled a series of economic stimulus packages totaling Rp 827 ... Mulyani Indrawati said the stimulus measures are carefully designed ... creating jobs and stimulating economic growth,” she said. ... not. “This comprehensive stimulus package is designed to protect ...
Business Dec 16, 2024 | 6:26 pm

JCI Sinks 2.2 Pct, Pressured by China’s Economic Moves and Japan’s Leadership Shift

... Monday, weighed down by aggressive stimulus measures from China that triggered ... that China's short-term stimulus actions, announced on Sept. 24 ... capital away from Indonesia. The stimulus package includes lower borrowing costs, eased ...
Business Sep 30, 2024 | 5:34 pm

Striking a Balance: Risks to Growth Require "Light-Touch" Policy on Inflation

... have benefited from the pandemic stimulus, while restrictions on movement ... inflation. Elsewhere, upcoming fiscal stimulus measures, such as US President ... infrastructure package, may inadvertently add inflationary pressures while supporting economic growth ...
Opinion Jan 5, 2022 | 5:25 pm

New Minister Sandiaga Unveils 2021 Plan for Pandemic-Hit Tourism

... efforts to alleviate the socio-economic impact of Covid-19 in ... and creative economy sector. "The stimulus for people within the tourism ... even expand them to tourism package organizers and even the informal ...
Lifestyle Dec 30, 2020 | 7:12 am

Garuda Indonesia to Get $600m as Gov't Adamant to Keep the Flagship Carrier Afloat

... of its Rp 695 trillion economic stimulus package to counter the impact of ...
Business Nov 21, 2020 | 7:52 pm

Where's the Demand?: Jokowi Wants Ministries, Regions to Speed Up Stimulus Spending

... government's Covid-19 stimulus package, as persistently low ... for the so-called economic recovery program (PEN) ... President's announced the stimulus package in March. The consequences ... capital expenditures that support economic recovery, especially the micro ...
Business Oct 23, 2020 | 5:35 pm

Technology Is Key to Rebooting Tourism

... has benefitted from economy-wide stimulus packages, with many governments introducing ... . Thailand issued a domestic tourism stimulus package worth $718 million to reinvigorate ... tourism are inextricably linked to economic well-being. It is therefore ...
Opinion Sep 2, 2020 | 3:21 pm

Gov't Starts $4.5b Cash Transfers for Workers, Small Business Owners Ahead of Schedule

... in spending the government's economic stimulus package. "The Manpower Ministry ... country's $47 billion stimulus programs. Erick Thohir, the ... 19 Handling and National Economic Recovery Committee, said at ... estimation about Indonesia's economic growth to between -1 ...
Business Aug 24, 2020 | 4:57 pm

As Money Printer Goes Brrr, The Onus Is Now on Bureaucrats to Spend

... state budget spending. The economic-first president has been lamenting ... spend the $48.6 billion stimulus package as Indonesia's economy now ... ministry's paperwork dragged the stimulus spending. "We have to ... holds the key for an economic recovery in the third ...
Business Jul 9, 2020 | 10:26 am

Police Ordered to Get Tough on Covid-19 Fund Misuse

... .7 billion) in stimulus package to cope with the economic impact of the ... protocols and to support the economic recovery.
News Jul 1, 2020 | 3:33 pm

Stimulus Spending Faces Delays as Indonesia Braces for Q2 Contraction

... barely spent its $49 billion stimulus package to help Indonesians survive the ... the stimulus package. The size of the stimulus – officially called the National Economic Recovery ... 0.06 percent of the stimulus package for small and medium enterprises ...
Business Jun 17, 2020 | 4:19 am
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