Jakarta – The government has officially launched six economic stimulus packages as a strategic step to maintain the stability of the rupiah exchange rate and encourage national economic recovery. This stimulus package is real evidence of the state’s presence in maintaining people’s purchasing power, increasing mobility, and driving the real sector.
President Director of PT Doo Financial Futures, Ariston Tjendra, assessed that this policy has great potential to maintain the stability of the rupiah amidst pressure from the US dollar. “The five stimulus packages of the Indonesian government to help increase people’s purchasing power can keep the rupiah stable,” he said.
Several concrete programs have been rolled out. The government provides transportation discounts that cover various modes, such as train ticket discounts, VAT subsidies for plane tickets, and discounts on sea transportation rates. This policy is designed not only to boost the tourism sector, but also to encourage economic turnover in the regions and support MSMEs. Other support is also provided through a 20 percent toll rate discount, which is expected to encourage community activities and more efficient distribution of goods.
Not only targeting consumption, this stimulus also strengthens social protection. The food assistance program in the form of distributing 10 kilograms of rice to 22 million beneficiary families is continued, along with the re-distribution of the Basic Food Card. The government has also increased the value of the Wage Subsidy Assistance (BSU) to IDR 300 thousand per month for the next two months, reaching more than 17 million workers and hundreds of thousands of honorary teachers. This step shows the government’s concern in maintaining the welfare of informal and labor-intensive sector workers, as well as reducing the potential for layoffs.
Apindo Economic Policy Analyst, Ajib Hamdani, appreciated the government’s quick steps in responding to various economic pressures. He said, although economic growth in the first quarter of 2025 was at 4.87 percent, the right intervention through this stimulus could restore purchasing power and create a multiplier effect on the economy.
“The government has placed a focus on job creation, food security, and energy. This is a concrete step that is in line with the national development agenda,” he said.
With a synergy of measurable and people-oriented fiscal policies, the government is optimistic that it can maintain the 2025 economic growth target at around five percent. This step is not only a support in facing global uncertainty, but also a strong foundation towards more quality and inclusive growth in the years to come.
