Indonesian Businesses Request for Additional Stimulus worth IDR 625.1 Trillion to Remain Afloat
June 10, 2020
Indonesian businesses have demanded for an additional stimulus package of IDR 625.1 trillion in working capital to help them overcome the business implications caused by the COVID-19 pandemic, according to the Indonesian Employers Association (APINDO). The Chairman of APINDO, Hariyadi Sukamdani, stated that the additional stimulus would be really important for the industry and hoped that it would be provided to local businesses.
Amongst the business segments that have requested for additional stimulus, the textile sector has requested for the largest, amounting to IDR 283.1 trillion, followed by the food and beverage industry and sock manufacturers, requiring IDR 200 trillion and IDR 99 trillion in assistance respectivel...