Indonesia Growth

Indonesia will implement stimulus measures to boost consumption and infrastructure spending as a global slowdown limits exports and an imminent election on Greece threatens to deepen Europe’s debt turmoil.  The government will tap last year’s 24 trillion rupiah budget surplus to fund building projects, and lift the tax-free annual income level to 24 million rupiah from 15.8 million rupiah.

Right now, the engine of Indonesia’s economy is only from consumption and investment, as not much can be expected from exports during the global turmoil.

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