The budget for Transfer to the Regions and Village Funds (TKDD) has been earmarked at Rp796.3 trillion in 2021 with 7 (seven) general directives, President Joko “Jokowi” Widodo. The President made the statement in his address on the Presentation of the Government Statement on the Bill on the State Budget for the 2021 Fiscal Year […]

President Joko “Jokowi” Widodo announced that the Government upholds the theme of the 2021 fiscal policy “Speeding up Economic Recovery and Strengthening Reform”. “The COVID-19 pandemic has become health and humanitarian crises in this century affecting all sectors of human lives. Starting from health issues, the impacts of the COVID-19 pandemic have spread to social, […]

According to President Joko “Jokowi” Widodo, the economic growth is projected to reach 4.5 to 5.5 percent and the rate is expected to be supported by increased domestic consumption and investment as the main driving forces. “Inflation will be maintained at a level of 3 percent to support people’s purchasing power. The Indonesian Rupiah is […]

In line with importance of the continuation of the National Economic Recovery, the 2021 State Budget Bill allocates a budget of around Rp356.5 trillion. The statement was made by President Joko “Jokowi” Widodo in an Address of President of the Republic of Indonesia on the Presentation of the Government Statement on the Bill on the […]

President Joko “Jokowi” Widodo warmly welcomed the moral appeals full of wisdom from the Ulemas, religious leaders, and culture bearers to make the momentum of the pandemic as a new awakening to make a big leap. “As many as 215 countries, with no exception, are currently facing these hard times amid the COVID-19 pandemic. According […]

President Joko “Jokowi” Widodo said that development activities in 2021 will be mainly sourced from independent source of revenue from state revenue amounting to Rp1,776.4 trillion. “Primarily from tax revenue of Rp1,481.9 trillion and Non-Tax State Revenues (PNBP) of Rp293.5 trillion,” said the President when delivering the Government Statement on the Bill on the State […]

Indonesia has 25 years left to usher in the centenary of the independence, achieve great progress, and build the country that the people aspire to be, President Joko “Jokowi” Widodo has said. “Our current goal is not only to escape the pandemic and to get through the crisis. We are taking measures to make a […]

Investment financing will be carried out by the Government in 2021 with a budget of Rp169.1 trillion, President Joko “Jokowi” Widodo said in his Address on the Presentation of the Government Statement on the Bill on the State Budget for the 2021 Fiscal Year and Its Financial Note before the Plenary Session of the House […]