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View all search resultsGovt readies new stimulus to spur household spending, employment
The government aims to encourage household spending and boost growth with a year-end stimulus package, the third such measure after those January and June.
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Coordinating Economy Minister Airlangga Hartarto addresses a press conference in Jakarta on July 24, 2025. (Reuters/Ajeng Dinar Ulfiana)
The government plans to roll out a fresh round of year-end stimulus measures to spur economic growth and support household spending.
Coordinating Economy Minister Airlangga Hartarto said the stimulus program, dubbed the “8+4” incentive, would cover multiple sectors to support workers, students and key industries.
It will be the third such package this year after similar programs in January and June.
Read also: Govt to provide scaled-back consumer stimulus for year-end boost
One of the headline measures aims to place students and fresh graduates in paid internships that connect them with employers and provide an immediate income.
“They will be linked and matched and receive pay [under the internship program]. We are still finalizing the amount,” Airlangga told a press conference on Friday, as quoted by state news agency Antara.
Tax breaks are also to be widened. Personal income tax relief, which was previously restricted to workers in labor-intensive industries like textiles, footwear and furniture, will be extended to hotels, restaurants and cafes.
