Third Policy Package Indonesia: Micro-Finance and Cheaper Diesel & Electricity
On Wednesday evening (07/10), the Indonesian government unveiled the third (and last) installment of its economic policy package. This latest installment aims to boost the industrial sector by cutting the diesel price by IDR 200 to IDR 6,700 (USD $0.48) per liter and by giving a 30 percent discount on electricity tariffs for labor-intensive industries. Furthermore, ceramic and chemical producers will obtain cheaper gas per 1 January 2016. The package was unveiled by Darmin Nasution, Indonesia's Coordinating Minister for Economic Affairs.