Skip to content
Subscriber Only
Markets
Economics

Indonesia Has Room to Cut Rates Further, Finance Minister Says

  • Tax cuts, reform plans aim to keep the economy competitive
  • Finance minister says central bank has room to cut rates more
Mulyani Indrawati on Aug. 27.
Mulyani Indrawati on Aug. 27.Photographer: Muhammad Fadli/Bloomberg
Updated on

Indonesia has a raft of stimulus options available to bolster Southeast Asia’s biggest economy if global conditions worsen, Finance Minister Sri Mulyani Indrawati said.

The government is prepared to boost spending and “re-activate” measures used during the global financial crisis if domestic growth needs a boost, Indrawati said Tuesday in an interview in Jakarta. The administration could both widen the budget deficit and provide tax relief, she said.