JAKARTA (Reuters) -Indonesia on Monday announced a new economic stimulus package worth 16.23 trillion rupiah ($989.33 million), including food assistance and an infrastructure building programme that could provide temporary work for more than 600,000 people.

The stimulus measures will be implemented in the fourth quarter of 2025, the country’s chief economic minister Airlangga Hartarto told reporters, adding that some measures would be extended to 2026.

Southeast Asia’s largest economy grew 5.12% annually in the second quarter, its best growth rate in two years, but some policymakers said there were signs it was slowing in the subsequent quarter.

“With this stimulus package, we hope we could still reach the 5.2% economic growth target this year,” Airlangga told reporters

The government

See Full Page