{"id":199699,"date":"2020-10-12T11:13:56","date_gmt":"2020-10-12T04:13:56","guid":{"rendered":"https:\/\/setkab.go.id\/?p=199699"},"modified":"2020-10-13T12:38:11","modified_gmt":"2020-10-13T05:38:11","slug":"budget-realization-on-pen-to-reach-100-percent-by-end-of-2020","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/budget-realization-on-pen-to-reach-100-percent-by-end-of-2020\/","title":{"rendered":"Budget Realization on PEN to Reach 100 Percent by End of 2020"},"content":{"rendered":"

\"\"<\/p>\n

Coordinating Minister for Economic Affairs Airlangga Hartarto as Head of the COVID-19 Handling and National Economic Recovery Committee has announced that the realization of budget ceiling for National Economic Recovery (PEN) Programs has reached 48 percent or Rp331.9 trillion of the total budget of Rp695 trillion.<\/p>\n

\u201cIn September, (the realization) increased by Rp315 trillion, followed by an increase of 16.46 percent or Rp331.94 trillion as of 7 October 2020,\u201d the Minister told reporters after joining a Limited Meeting on the Report of the Committee for COVID-19 Handling and National Economic Recovery, Monday (12\/10).<\/p>\n

Social protection program, he added, made the largest contribution to the realization (78 percent) and approximately 96 percent of the program\u2019s activities have been carried out.<\/p>\n

On health program, the realization has reached Rp25 trillion or 30 percent of the total budget of Rp87.5 trillion. Meanwhile, realization of supporting program for Small, and Medium-sized Enterprises has reached 73 percent, followed by program at ministries\/institutions which stood at 26 percent, and business incentive program that stood at 23 percent.<\/p>\n

\u201cRealization of the National Economic Recovery Program is projected to reach 99 to 100 percent by the end of this year,\u201d the Minister stated.<\/p>\n

He went on to say that realization of funds placement at the Association of State-owned Banks (Himbara) which later be channeled to the public in form of loan has reached Rp144.6 trillion. Previously, the Government placed Rp30 trillion of funds at the Himbara. Then, it added the funds by Rp17.5 trillion at the second phase, so the total funds placed at the Himbara stood at Rp47.5 trillion.<\/p>\n

\u201cWe expect the leverage to increase by three times, so the total will be Rp150 trillion; thus we expect that we can also increase the leverage of non-government budget,\u201d the Minister said.<\/p>\n

In addition, the Government also placed funds amounting to Rp11.2 trillion in publicly listed Regional Government Bank (BPD) and Rp9.89 trillion of the funds have been disbursed.<\/p>\n

\u201cThere will be more funds placement in two other BPDs; Rp1 trillion to be placed in BPD Sulselbar and Rp500 billion to be placed in BPD Kalbar,\u201d he explained. \u00a0(DND\/UN)<\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

Translated by: Rany Anjany <\/strong>
\nReviewed by: Mia Medyana B.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Coordinating Minister for Economic Affairs Airlangga Hartarto as Head of the COVID-19 Handling and National Economic Recovery Committee has announced that the realization of budget ceiling for National Economic Recovery (PEN) Programs has reached 48 percent or Rp331.9 trillion of the total budget of Rp695 trillion. \u201cIn September, (the realization) increased by Rp315 trillion, followed […]<\/p>\n","protected":false},"author":43,"featured_media":199724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77,66],"tags":[],"class_list":["post-199699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-uncategorized-en"],"acf":[],"yoast_head":"\nBudget Realization on PEN to Reach 100 Percent by End of 2020 - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/budget-realization-on-pen-to-reach-100-percent-by-end-of-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget Realization on PEN to Reach 100 Percent by End of 2020 - 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