SUBSCRIBERS

Indonesia unveils stimulus to bolster economy, currency

Dozens of overlapping trade and industry regulations being streamlined

Published Wed, Sep 9, 2015 · 09:50 PM

    Jakarta

    INDONESIA'S president on Wednesday unveiled the first installment of a stimulus package aimed at luring more investment, boosting consumer spending, and supporting a currency that has weakened to 17-year lows.

    Investor sentiment towards South-east Asia's largest economy has soured, as President Joko Widodo struggles to implement much needed reforms, hobbled by rifts within his own political party and squabbles among government agencies.

    Share with us your feedback on BT's products and services