Indonesia has scrapped a budget deficit cap introduced after the Asian financial crisis to help shield the economy from the outbreak, where budget deficit cap has been pushed to 5 percent of GDP this year.
This allowed the government to allocate 405.1 trillion rupiah ($24.8 billion) to fight the pandemic. Among the most significant stimulus for business: corporate income tax rate lowered from 25 percent to 22 percent this year.
Find out more on indonesiaeconomicforum.com