Indonesia's Economic Incentives to Cost $1.5 Billion, Finance Minister Says

MACROECONOMICS - JAKARTA. Indonesia's economic policy package aimed at stimulating demand, which includes fare subsidies as well as cash and food handouts over June and July, will cost the government 24.44 trillion rupiah ($1.5 billion), the finance minister said on Monday.

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State-owned companies will cover around 850 billion rupiah in costs for policies like subsidising highway toll fares, while the rest will come from the government's coffers, Sri Mulyani Indrawati said.