Indonesia is set to announce what President Joko Widodo called a "massive" deregulation package on Wednesday, aimed at luring more investment and supporting a currency that has weakened to 17-year lows.
The package, scheduled to be unveiled around 0900 GMT, "should bring progress" for the economy, Widodo said on Twitter on Wednesday.
In March, after the rupiah hit its lowest level since 1998, Widodo launched his first policy package which included a plan to impose temporary anti-dumping import duties and waive visa for dozens of countries.
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The package, scheduled to be unveiled around 0900 GMT, "should bring progress" for the economy, Widodo said on Twitter on Wednesday.
In March, after the rupiah hit its lowest level since 1998, Widodo launched his first policy package which included a plan to impose temporary anti-dumping import duties and waive visa for dozens of countries.
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