Indonesia offers tax incentives for exporters


JAKARTA: Indonesia is offering tax breaks to firms which export at least 30 percent of their production in a bid to encourage shipments of manufactured goods now that the commodity boom is over.

In 2014, growth in Southeast Asia's largest economy slipped to the slowest in five years at 5.02 percent. Widodo has said he wants growth to average 7 percent during his five-year term, with investment, rather than consumption, as the driver.

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