JAKARTA (Reuters) – Indonesia has prepared investment credits to cover 5% of interest from loans for its labour intensive industries, including textiles and leather goods, to spur growth, chief economic minister Airlangga Hartarto said on Wednesday.
Airlangga did not say when the credits will be rolled out.
President Prabowo Subianto had ordered deregulation in labour-intensive industries and the simplification of permits to spur growth, Airlangga added.
(Reporting by Stanley Widianto)
