Credit rating agency Fitch Ratings has reaffirmed Indonesia’s credit rating at ‘BBB’ with stable outlook. This is a good achievement for Indonesia because during the pandemic three world rating agencies, including Standard & Poor’s, Moody’s, and Fitch, have downgraded 124 times for 53 countries and revised the outlook to negative 133 times for 63 countries. […]
The national economy has been hit hard by global uncertainties; therefore, investment realization is of particular importance because it serves as an anchor for economic recovery, President Joko “Jokowi” Widodo has said. “Investment is an anchor for economic recovery because if we focus too much on the State Budget, we will see a deficit,” the […]
Minister of Home Affairs has issued Instruction Number 62 of 2021 on Prevention and Control of Corona Virus Disease 2019 (COVID-19) during Christmas 2021 and New Year 2022. “The Ministerial Instruction will come into force from 24 December 2021 to 2 January 2022,” The Instruction states. The Instruction was signed by Minister of Home Affairs […]
The Government has announced it continues to make efforts to boost COVID-19 vaccination rate for the elderly as an indicator to determine the level of public activity restrictions (PPKM). “After [a bare minimum of] 50 percent vaccination rate for elderly is used as a condition of relaxed PPKM level, we will speed up the vaccination […]
In a series of working visits to South Sulawesi province, President Joko “Jokowi” Widodo Tuesday (23/11) planted maize with farmers in Kelara district, Jeneponto regency. “This afternoon, I together with Coordinating Minister for Economic Affairs, Minister of Agriculture, Governor of South Sulawesi, Regent of Jeneponto, and the farmers planted maize in an area of 1,000 […]
President Joko “Jokowi” Widodo Tuesday (23/11) drove a tractor to plant corn seeds with local farmers in Jeneponto regency, South Sulawesi province. “Today, I can drive a tractor by myself and it is easy. I was briefly taught by Minister of Agriculture,” the President said after testing out the tractor. The President arrived at the […]
The newly-inaugurated Karalloe Dam in Gowa Regency, South Sulawesi is expected to provide direct benefits to the surrounding communities. “Prior to the dam construction, we—especially in Jeneponto—have had a shortage of water for irrigation and now we are very proud that we can have enough water,” a local rice farmer Nurham said Tuesday (23/11). Furthermore, […]
President Joko “Jokowi” Widodo Tuesday (23/11) inaugurated Karalloe Dam in Tompobulu District, Gowa Regency, South Sulawesi Province. “[The construction of] Karalloe Dam costs a budget of Rp1.27 trillion. Today, alhamdulillah, it has been completed and ready to be inaugurated,” President said in his remarks. The dam that has capacity of 40.53 million cubic meter and […]
Indonesian Minister of Religious Affairs Yaqut Cholil Qoumas Monday (22/11) discussed umrah (nonmandatory Muslim pilgrimage to Mecca that can be performed at any time of the year) for Indonesian pilgrims with Saudi Arabian Minister of Hajj and Umrah Tawfiq F. Al-Rabiah in Mecca, Saudi Arabia. According to Yaqut, the discussion with Saudi Arabian hajj and […]
Minister of Home Affairs Muhammad Tito Karnavian called on regional governments to speed up the realization of the regional budget expenditure in the 2021 fiscal year. According to Tito, more than Rp700 trillion sourced from the Central Government’s budget is transferred to regional governments and regional governments also have fiscal space both from regional income […]
