Indonesia Rolls Out Policy Package to Mitigate El Nino Impacts
Meanwhile, the last package pertains to the strengthening of the housing sector in the hopes of facilitating low-income people to get houses, the Minister stated.
Minister Indrawati also explained that the government will implement the package by bearing value-added tax for the sale of new houses that are worth under IDR 2 billion (US$125.4 thousand).
For low-income people, she stated that the government will provide administrative fee assistance of IDR 4 million (US$250 thousand) per house for 14 months.
In addition, the government will expand the number of recipients of the Integrated Welfare Home (RST) Program by 1,800 to help the poor.
"Hopefully, all these measures will help our economy survive from global uncertainties," The Minister concluded.
