Indonesia to Launch Economic Stimulus to Boost Consumption
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Indonesia to launch economic stimulus to boost consumption
JAKARTA (Reuters) -Indonesia plans to announce economic stimulus measures on June 5 to boost economic activity and consumer purchasing power this quarter, a government spokesperson said on Saturday. Southeast Asia’s largest economy grew 4.87% in the first quarter from the same period last year, its weakest in more than three years. The central bank trimmed its 2025 growth forecast to between 4.6% and 5.4% from a 4.7%-5.5% range. The incentives i…
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