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

Number of interventions

2 certainly harmful

1 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

30 Apr 2020

Revocation date:

No revocation date

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"...

Implementation date

01 Apr 2020

Revocation date:

No revocation date

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...

Implementation date

No implementation date

Revocation date:

No revocation date

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...