Global Trade Alert
Global Trade Alert

Indonesia: Second stimulus package announced in relation to the COVID-19 impact

Announcement

13 Mar 2020

On 13 March 2020, the Indonesian government announced a second stimulus package to counter the economics effects of the COVID-19 pandemic.

Source

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Number of interventions

3

2 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

30 Apr 2020

Revocation date:

31 Dec 2020

Announced: 13 Mar 2020
Interest payment subsidy
As part of the second stimulus package to counter COVID-19 economic effects, the Indonesian government announced on 13 March 2020 that it will subsidise 6% of the interest payments on SME loans ("KUR"...
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Implementation date

01 Apr 2020

Revocation date:

30 Sep 2020

Announced: 13 Mar 2020
Tax or social insurance relief
In order to counter the economic impact of the COVID-19 pandemic, the Indonesian government announced on 13 March 2020 a second stimulus package. The package included four types of tax reductions or e...
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Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 13 Mar 2020
Instrument unclear
On 13 March 2020, the Indonesian government announced a second stimulus package to tackle the economic impact of the COVID-19 pandemic. The package included "four non-fiscal incentives", targeted at e...
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