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Urgent: Indonesia unveils 3rd economic stimulus package

Xinhua, October 7, 2015 Adjust font size:

The Indonesian government on Wednesday launched the third batch of economic stimulus measures to lure investment and prop up the economy.

The measures include relaxation of regulation for banks in managing foreign currency from export proceeds, shortening the period for investors to get business licenses, simplifying the procedures of getting business permits, electricity tariff discounts and cutting fuel prices, ministers said here. Endi