JAKARTA: The Indonesian government has announced that consumer stimuli will be reintroduced in the second half of the year to spur economic activities amid a volatile global economy.
Coordinating Economy Minister Airlangga Hartarto said in a press conference on Monday that the Middle East conflict posed “geoeconomical challenges” that still loomed large, notwithstanding the peace prospect from the deal between the United States and Iran.
“We need to keep protecting the domestic economy and we have to do so by taking proactive steps to prevent and anticipate the external risks that might spring up,” said Airlangga.
The measures would cost the state some 26.34 trillion rupiah, most of which will be spent on food assistance, namely 10kg rice handouts for 33.24 million beneficiaries in the third…
