Indonesian Government Provides Two Incentives to Boost Economic Growth | KF Map – Digital Map for Property and Infrastructure in Indonesia
Indonesian Government Provides Two Incentives to Boost Economic Growth
Tuesday, 27 August 2024

The Indonesian government has officially extended the 100% Government-Borne Value Added Tax (VAT) incentive for house buyers until December 2024. In addition, the government also approved the addition for subsidized housing loans or Housing Funding Liquidity Facility (FLPP) from 166,000 to 200,000 houses. These two incentives are aimed to boost economic growth which is mainly driven by the middle class.

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