Indonesia unveils nearly $750 mn stimulus package in response to coronavirus outbreak

Journalists wear protective suits inside an elevator as they prepare for a media visit to Indonesian Health Ministry's Laboratorium for Research on Infectious-Diseases, following the outbreak of the new coronavirus in China, in Jakarta, Indonesia, Februar

Indonesia has readied a 10.3 trillion rupiah ($748.55 million) stimulus package aimed at reducing the impact of the coronavirus outbreak in China on its economy, the finance minister said on Tuesday.

Sri Mulyani Indrawati also warned that the outbreak in China, Indonesia's top trade partner and a major source of investment and tourists, could further weaken Indonesia's growth to 4.7% in 2020, from 5.02% in 2019.

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks