Jakarta (Bisnis.com) – The government has called on the public to spend their Eid holiday bonus or THR in a bid to boost economic growth.
Adriyanto, the head of the Center for Macroeconomic Policy at the Finance Ministry's Fiscal Policy Agency (BKF), said the economic growth is highly dependent on household consumption, especially during Ramadan.
"Hence, people should spend their Eid holiday bonuses to boost consumption," he said on Thursday, May 31.
Earlier, Finance Minister Sri Mulyani Indrawati projected the economic growth in 2018 would stand somewhere between 5.17% and 5.4%.