In order to stimulate national economy, President Joko Widodo, on Wednesday (9/9) afternoon launched a Policy Package under a name Policy Package Stage I, September 2015, at the Merdeka Palace, Jakarta. President Joko Widodo mentioned 3 steps in the Package, such as: 1. To stimulate national industry competition through deregulation, debureaucratization, law enforcement and business […]

After the signing of the Joint Decree (SKB) by 3 (three) ministers, namely the Minister of Finance Bambang Brodjonegoro, Interior Minister Tjahjo Kumolo, and Minister for Villages, Underdevelopment Regions (PDT), and Transmigration Marwan Jafar, in Jakarta, on Tuesday (8 / 9), the Village Fund disbursement certainly now much simpler. Therefore, there is no longer any […]

Eventhough Government has takena number of actions to create a condusive macro economic condition among others by promoting the acceleration of government’s spending, through an acceleration of budget absorpsion and also doing the steps for strengthening payments’ balance, President Joko Widodo (Jokowi) admitted that the actions are not enough. Therefore, he added, the Government continuedmaking […]

Vice Cabinet Secretary Bistok Simbolon said that expert staff in ministries and institutions, which number around 170-200 persons or almost 30 percent of the number of all echelon 1 officials, have not been functioned maximally. In fact, he said, in terms of experience and agility, he ensured that those expert staff is great asset.  “There […]

To support the package of deregulation and de-bureaucratization launched by President Joko Widodo (Jokowi) in Economic Policy Package Phase I September 2015, the Financial Services Authority (OJK) also launched a policy of allowing foreigners to open an account valued at 50,000 US dollars in foreign exchange banks in Indonesia, The policy was announced by the […]

Minister of Villages, Underdeveloped Regions and Transmigration Marwan Jafar said that the delays on disbursing village funds problem were not in the central government but lied in the Regencies/ Municipalities. “The central government has disbursed village funds to all regencies/municipalities. The problem is now that there is a delay on disbursing village funds from the […]

President Joko Widodo accompanied by Vice President Jusuf Kalla, on Tuesday (8/9) afternoon, led a limited cabinet meeting that discussed Flight Information Region (FIR) i.e. the airspace used for air traffic. Minister of Transportation Ignasius Jonan accompanied by Cabinet Secretary Pramono Anung and Commander of Indonesian National Defense Forces (TNI) Gen. Gatot Nurmantyo said that […]

In a bid to support the First Phase Government action announcing the Economic Policy Package of September 2015, Bank Indonesia (BI) as the monetary authority also introduced new policies in September 2015. “The new policies are the ones that have been coordinated with the Government particularly, the  Central Government and related authorities especially Minister of […]

Gatot said that based on Annex 11 Article 2 paragraph 1 point 1, Flight Information Region (FIR) may be given to other countries but it is limited only on the operation of air navigation control. “In this case, Singapore sets the danger area. I repeat, a danger area and thus the area is used only […]

During the limited cabinet meeting on Tuesday afternoon (8/9) at the Presidential Office, Jakarta, President Joko ‘Jokowi’ Widodo told state-owned oil and gas firm Pertamina to reduce its dependency on US Dollar. Speaking to reporters after the meeting, Cabinet Secretary Pramono  Anung said that Pertamina’s dependency on US dollar is the highest compared to any […]