An Underwhelming Stimulus Package

The government will eventually disburse an economic stimulus package in 2009 worth Rp73.3 trillion. More than 85 percent will be washed away in fiscal stimulus forms. But business groups are pessimistic that the package will be able to reawaken the economy and the business world.

March 17, 2009

THE Bengawan Solo River has been on alert-I status since the end of last week. The level of water at the measurement board in Bojonegoro, East Java, was recorded at 13 meters above sea level, even though it is normally only 7 meters above sea level. Up until the beginning of this March, Bojonegoro has still been flooded. The riverbanks are also still submerged. This is what was made the Bojonegoro regency administration cancel the start of the in

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