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View all search resultsThe new stimulus programs range from a continuation of existing programs such as fund placement in banks, electricity discounts and the Family Hope program, as well as new programs intended to spur economic growth and boost people’s purchasing power, according to Finance Minister Sri Mulyani on Monday.
The country’s gross domestic product (GDP) is expected to contract 3.8 percent in the second quarter and may shrink by a further 1 percent or grow 1.2 percent in the third quarter, Finance Minister Sri Mulyani Indrawati said.
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