The Indonesian government is preparing a stimulus package that it may implement in the first half of 2012 should the global economy worsen and hurt growth in Southeast Asia’s largest economy, the government said today.
“The stimulus will be a combination of policy and fresh money” to boost consumption and investment, Bambang Brodjonegoro, head of fiscal policy at the Ministry of Finance, told reporters at parliament in Jakarta after the ministry and the central bank met lawmakers today. The government will “respond to maintain growth,” Finance Minister Agus Martowardojo told lawmakers. http://www.bloomberg.com/news/2011-09-15/indonesia-preparing-for-possible-fiscal-stimulus-next-year.html '+'
