Indonesia announced a 16.23 trillion rupiah (about $989 million) stimulus package on Monday, September 15, aimed at supporting growth into year‑end and 2026 without widening the projected 2025 budget deficit of 2.78% of GDP. Measures include 10 kg of rice aid for 18.3 million households, tax relief for tourism workers, paid internships for 20,000 graduates, insurance premium discounts for motorcycle‑taxi and truck drivers, and an extension of the 0.5% small‑business income tax through 2029. Notably, a ‘cash‑for‑work’ program will fund local infrastructure projects for more than 600,000 people, while a 2026 replanting program spanning 870,000 hectares could create 1.6 million jobs. While primarily social‑support oriented, the near‑term infrastructure component may incrementally lift demand for construction materials, including long steel products and coated sheet, if tendering and execution proceed swiftly. The package comes amid signs of a third‑quarter slowdown and follows earlier efforts to expand domestic processing of key commodities such as nickel—central to Indonesia’s strategy to climb the EV value chain. Markets will monitor disbursement speed and local project mix to gauge potential metal‑intensity of spending into Q4.