Indonesian President Prabowo has pledged to raise the minimum wage by an average of 6.5% next year and double teacher salaries to overcome sluggish consumer spending. While this falls short of labor unions' demands, he stated that efforts will be made to reflect workers' requests in the process of determining regional wage increases. Additionally, the president plans to implement a free school meal policy while reducing meal costs below initial projections to ease fiscal burden. These policies aim to address the issue of declining consumer spending caused by slowing economic growth and next year's increase in the value-added tax rate.
