Indonesia Stimulus Is Too Little Too Late, Former Ministers Say

Former finance ministers critical of stimulus implementation
Jokowi government urged to relax 3% fiscal deficit ceiling

Members of the Indonesian Red Cross Society spray disinfectants at the Kemayoran train station in Jakarta, March 19. Photographer Dimas Ardian/Bloomberg

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By Karlis Salna

March 25, 2020 at 9:00 PM UTC

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Indonesian President Joko Widodo’s efforts at sandbagging Southeast Asia’s biggest economy from a deepening coronavirus crisis may have come too late and the stimulus unveiled so far is poorly targeted, according to two former finance ministers.