Indonesia Waiting Increased Economic Behind The Ramadan

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Indonesia Waiting Increased Economic Behind The Ramadan

Traffic is jamming in the business district during the holy month of Ramadan in Jakarta, Indonesia, on March 27, 2024. The government is hoping that this year's Ramadan and Eid al-Fitr celebrations will bring increased economic growth amidst global conditions full of uncertainty. This expectation comes after observing a drastic increase in people's consumption values ahead of Eid. The trend aligns with the distribution of holiday allowances, or THR, that private workers and state civil servants are receiving. In fact, the THR for government employees is extending to retirees and heirs of pension recipients. This increase in purchasing power has the potential to encourage national economic progress. (Photo by Afriadi Hikmal/NurPhoto)


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