Govt. Offers Incentives to Boost Housing Sector
According to reporting from Antara News, Indonesia has budgeted IDR 3.7-trillion (approx. USD 239-million) for fiscal incentives in the housing sector in 2023 and 2024 to support the purchase of commercial houses and houses for low-income and impoverished people. Febrio Kacaribu, chairperson of the Fiscal Policy Agency of the Ministry of Finance said in Jakarta
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Ministry: Indonesia’s Competitiveness Ranking Improves
Antara News are reporting that Indonesia’s competitiveness ranking improved from 44 to 34 in the 2023 Global Competitiveness Index report issued by the International Institute for Management Development (IMD), an official from the Industry Ministry announced on Thursday (30/11/23.) “The ranking is based on four criteria, namely economic performance, government efficiency, business efficiency, and infrastructure,” head
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