4 days ago
Indonesia's economic incentives to cost $1.5 billion, finance minister says
JAKARTA, June 2 (Reuters) - Indonesia's economic policy package to stimulate demand, which includes subsidising transportation fares and cash and food handouts in June and July, will cost the government 24.44 trillion rupiah ($1.5 billion), the finance minister said on Monday.
State-owned companies will cover costs of around 850 billion rupiah for policies such as subsidising some toll fares, while the rest will be funded from the government's coffers, Sri Mulyani Indrawati said.
($1 = 16,240 rupiah)
