The Indonesian government has allocated about 11.25 trillion IDR (711.8 million USD) for the programme and the handouts will be given to 18.8 million families, he told a press conference on January 29. Each family will receive 200,000 IDR for each of those months.
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In November 2023, the government extended for six months its rice handout scheme until June 2024, a programme that provides 10kg of rice monthly to 22 million lower-income households to help them cope with high prices of the staple.
The government also provided a two-month cash handout for millions of households worth 400,000 IDR each for November and December 2023.
Indonesia's inflation was 2.61% at the end of 2023, within the central bank's target range. It has set an inflation target of 1.5-3.5% for this year./.
VNA