Indonesia: 16th economic stimulus package

Announcement

16 Nov 2018

On 16 November 2018, the Indonesian government announced its 16th economic stimulus package.

Source

Number of interventions

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

27 Nov 2018

Revocation date:

No revocation date

Updated: 16 Nov 2018

Tax or social insurance relief In force

<p>As the first major point of the stimulus package, the Coordinating Ministry for Economic Affairs announced that it will expand its scope of corporate income tax reductions for new investments...

Implementation date

16 Nov 2018

Revocation date:

No revocation date

Updated: 16 Nov 2018

Controls on commercial transactions and investment instruments In force

<p>As a third step, the 16th economic stimulus package introduces tax incentives for companies that repatriate their export earnings. For example, an exporter who keeps at least 90 percent of hi...

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 16 Nov 2018

FDI: Entry and ownership rule

<p>The second major announcement of the 16th economic stimulus package was the revision of the Negative Investment List, which was last updated in 2016 (see Related State Acts). The initial revi...