Core Points - The Indonesian government announced an economic stimulus package totaling 16.23 trillion Indonesian Rupiah (approximately 1 billion USD) aimed at boosting consumption, reducing business costs, and expanding employment opportunities [1][2] - The plan, referred to as the "8+4+5" scheme, includes 8 projects to be implemented by 2025, 4 policies extending to 2026, and 5 long-term employment initiatives focusing on education, taxation, and housing [1][2] - The government aims to achieve a full-year economic growth target of 5.2% for 2025, following a year-on-year growth of 4.87% in Q1 and 5.12% in Q2 of this year [1] Short-term Measures - The government will provide paid internships for 20,000 university graduates for six months and expand personal income tax subsidies to include the hotel and restaurant sectors [1][2] - Food assistance will be provided to low-income families, with each household receiving 10 kilograms of rice from October to November [1] Support for Specific Groups - A 50% subsidy on insurance contributions for flexible employment groups (e.g., ride-hailing drivers, couriers) will be offered for six months [2] - The government plans to provide 1,050 subsidized housing units and lower the maximum interest rate on housing loans [2] Long-term Initiatives - The government will continue tax reductions for small and micro enterprises until 2026 and promote five employment initiatives, including cooperative operations in villages, development of fishing villages, and fish pond restoration [2]