Indonesia mulls providing companies soft loans to pay Idul Fitri bonus


Workers sew knitwear at Rajong Binong Jati Center, Bandung, West Java, on March 3. The Industry Ministry is mulling over the possibility of providing businesses with soft loans to enable them to pay Idul Fitri holiday bonuses as the economic downturn is forcing companies to withhold or cut the bonus payment.- Antara

JAKARTA (The Jakarta Post/ANN): The Industry Ministry is discussing the possibility of providing businesses with soft loans to enable them to pay Idul Fitri holiday bonuses (THR) as the economic downturn is forcing companies to withhold or cut the bonus payment.

The ministry is in discussion with the central bank and the Financial Services Authority over the matter, Minister Agus Gumiwang Kartasasmita told journalists during an online press briefing on Tuesday (April 21).

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Indonesia , soft , loans , Idul , Fitri , bonus

   

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