Indonesia to launch third stimulus to counter COVID-19 outbreak
The Indonesian government is expanding a stimulus package worth 27.17 trillion rupiah (1.8 billion USD) in a bid to further prevent the spread of the COVID-19 pandemic, Finance Minister Sri Mulyani Indrawati said on March 18.
Indonesian people wear face masks (Photo: Xinhua/VNA)
Jakarta (VNA) – The Indonesian government is expanding a stimulus package worth 27.17 trillion rupiah (1.8 billion USD) in a bid to further prevent the spread of the COVID-19 pandemic, Finance Minister Sri Mulyani Indrawati said on March 18.
The funds include the allocation of 10 trillion rupiah for central authorities and another 17.17 trillion rupiah set aside for provincial administrations, she said.
The move follows the two previous packages launched in recent weeks, comprising an allocation of 22.9 trillion rupiah on March 13 and 10.3 trillion rupiah on February 25.
As of March 18, Indonesia had recorded 227 CO🧜VID-19 cases and 19 deaths./.
Indonesia recorded a 2.34 billion USD trade surplus in February as exports rose but import edged down significantly, according to the Indonesian Statistics Indonesia (BPS).
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Indonesian people wear face masks (Photo: Xinhua/VNA) 
