Jakarta, May 26 -- The Indonesian government plans to launch a new economic stimulus package on June 5 to maintain public purchasing power and drive national economic growth, particularly during the June-July school holiday period, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
"This stimulus package is expected to bolster economic growth in the second quarter. So we are using this momentum to set up several programs," Airlangga said in a statement published by the Ministry of State Secretariat on Monday.
He explained that the programs are being designed to stimulate growth primarily through increased household consumption.
The upcoming stimulus package will focus on encouraging domestic consumption by tar...