Ministry of Finance has announced it has issued Minister of Finance Regulation Number 43/PMK.05/2020 on Budget Implementation Mechanism at the Expense of State Budget on COVID-19 Handling. This technical regulation which was stipulated on 24 April 2020 explains the budget implementation mechanism, allocation for pandemic handling fund contained in the Ministries/Agencies’ Budget Implementation List (DIPA), […]

Indonesia’s economic performance remains relatively positive although growth in the first quarter this year was only 2.97 percent year-on-year (yoy), according to President Joko “Jokowi” Widodo. “Economy grew by 2.97 percent. The delta is 2 percent, slower than the growth in the fourth quarter last year at 4.97 percent,” the President said in his introductory […]

President Joko “Jokowi” Widodo has ordered his Ministers and Head of Institutions to immediately curb the spread of COVID-19 and flatten the curve. “A winning country is a country who can fight COVID-19,” the President said during a plenary cabinet meeting on Wednesday (6/5). For that reason, the Head of State has instructed all Ministers, […]

Ministry of Public Works and Public Housing has announced it has continued to accelerate Cash Labor-intensive Program distribution in order to reduce unemployment and maintain people’s purchasing power amid economic uncertainty during the COVID-19 pandemic. In 2020, the budget for Labor-intensive Program reached Rp11.2 trillion which mainly used for infrastructure development to support the productivity […]

The Government has decided to postpone the 2020 elections of governor and deputy governor, regent and deputy regent, mayor and deputy mayor amidst the ongoing COVID-19 pandemic. The decision was stated in Government Regulation in Lieu of Law (Perppu) Number 2 of 2020 on the Third Amendment to Law Number 1 of 2015 on Enactment […]

The Government has announced that supply of eleven food commodities remains safe meet demands amid the ongoing COVID-19 outbreak. “Price of medium quality rice is Rp11,750 per kilogram on average, while price of premium-quality rice is  around Rp12,700. The average price of granulated sugar ranges between Rp17,000 and Rp18,050 per kilogram,” Coordinating Minister for Economic […]

The Government is preparing exit strategy for COVID-19 pandemic to mitigate the health sector problems from affecting other sectors particularly the economy, according to Coordinating Minister for Economic Affairs Airlangga Hartarto. “The Government has imposed Large-scale Social Restrictions (locally known as PSBB) to break the COVID-19 transmission chain. Thus, it will not accelerate the number […]

Supply of eleven food commoditie will be sufficient to meet national demands until June this year, Minister of Agriculture Syahrul Yasin Limpo has announced. “The Government hopes there will be no obstacle in terms of distribution which can lead to price instability in several regions,” the Minister said, Tuesday (5/5). Citing data from Statistics Indonesia […]

The Government has announced it will provide assistance for farmers affected by COVID-19. According to Minister of Agriculture Syahrul Yasin Limpo, recipients of the assistance include those doing farming as an odd job, farm laborers, and sharecroppers. The Minister also noted that Coordinating Minister for Economic Affairs has ordered direct assistance to be provided, instead […]