Economics
Indonesia Unveils $742 Million Stimulus to Counter Virus Impact
- Tax on hotels, eateries to be waived in some tourist spots
- Low income borrowers may get subsidy on housing loan interest
Indonesian health officials check body temperature of tourists arriving from Bali island heading to tourist area Gili Trawangan at the Bangsal port in Pemenang Lombok island on Feb. 12.
Photographer: Moh el Sasaky/AFP via Getty Images
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Indonesia unveiled a raft of fiscal incentives for its tourism, airline and housing sectors hit by the outbreak of the deadly coronavirus, broadening efforts to bolster growth in Southeast Asia’s largest economy.