“The holiday season stimulus is currently being formulated in coordination with the Coordinating Minister for Economic Affairs and other relevant ministers,” she informed here on Wednesday.
The government has disbursed economic stimulus packages twice this year.
The first packages were rolled out in January and February and amounted to Rp33 trillion (approximately US$2 billion).
They included electricity bill discounts, government-paid Value-Added Tax (VAT) for housing purchases, job loss insurance (JKP), as well as extension of the 0.5 percent final income tax policy for micro, small, and medium enterprises (MSMEs).
The stimulus also included government-borne employee income tax (PPh 21), financing support, Workplace Accident Insurance (JKK) subsidies for labor-intensive industries, and incentives for electric vehicles.
The second stimulus packages were issued for incentive disbursement in June and July 2025, totaling Rp24.4 trillion (US$1.5 billion), with Rp23.6 trillion channeled from the state budget and Rp900 billion from non-state budget sources.
They featured transportation discounts, including 6 percent VAT relief on economy-class airline tickets, 30 percent discounts on train tickets, and 50 percent off sea transport fares.
Additional measures included increased social assistance and 10 kilograms (kg) of rice for low-income families, wage subsidies of Rp600 thousand for 17 million workers and 565 teachers, toll road discounts, and extended JKK insurance premium reductions for certain labor-intensive industries.
As of June 2025, the realization of the second-quarter stimulus had reached Rp13.6 trillion (US$830 million). Indrawati said that final disbursements for July were still being evaluated.
Coordinating Minister for Economic Affairs, Airlangga Hartarto, earlier confirmed that the stimulus program will continue into the second half of 2025 to boost economic growth. Details of the year-end package will be officially announced in September.
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Reporter: Imamatul Silfia, Uyu Liman
Editor: Primayanti
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