Jakarta, Aug. 6 -- The Indonesian government will launch a 10.8-trillion-rupiah economic stimulus package in the third quarter to accelerate economic expansion, Finance Minister Sri Mulyani Indrawati announced on Tuesday.
The minister explained that the stimulus forms part of a broader policy package aimed at maintaining purchasing power, supporting businesses, and stabilizing the national economy. It is expected to provide a positive boost to Indonesia's economic growth, with accelerated government spending seen as a key driver of optimism.
One of the flagship initiatives under the package is the people's school program. Nearly 200 new schools will begin construction in September, while rehabilitation and renovation projects will conti...