n last-minute changes to a planned consumer stimulus package for June and July, the government has canceled an electricity discount but doubled wage subsidies. Finance Minister Sri Mulyani Indrawati revealed in a press conference on Monday that the wage subsidies for low-income earners would double from Rp 150,000 (US$9)… Source link
ar brings destruction and disruptions with unintended and unimagined consequences. In the 20th Century, two World Wars among European nations for the establishment of their supremacy effectively eroded European supremacy and its global hegemonic position. The rise of the US and the USSR as new global leaders was closely linked with the wars in European … Read more
Archyde Is Indonesia‘s Economic Growth Masking a Decline in Purchasing Power? Table of Contents 1. Is Indonesia’s Economic Growth Masking a Decline in Purchasing Power? 2. Indonesia’s Economic Woes: Deflation and Stagnant Sales Signal Trouble 3. Deflation: A Symptom, Not a Solution 4. Automotive Industry Feels the Pinch 5. Government Unveils 15 Incentives To Boost … Read more