Amid COVID-19 pandemic, the Government has announced it recorded an increase in distributing this years Smallholder Business Credit (KUR). The number came close to the normal pattern before COVID-19 pandemic with an average distribution of Rp21.84 trillion per month. “The increase in KUR caused by Indonesias economy that starts to rebuild and low interest rates, […]
Minister of Home Affairs Tito Karnavian has issued three regulations concerning the enforcement of Public Activity Restrictions (PPKM) that has been extended from 26 July to 2 August 2021. “We have issued three Instructions of Minister of Home Affairs; Number 24, Number 25, and Number 26. The contents were drawn up by Coordinating Ministry for […]
The Indonesian Government has called for cluster-based KUR (smallholder business credit) distribution in the agricultural sector. “The Government encourages the creation of cluster-based KUR, such as KUR of rice cluster, KUR of corn cluster,” Coordinating Minister for Economic Affairs Airlangga Hartarto said in a press conference after a limited meeting on agricultural KUR loans, Monday […]
Minister of Agriculture Syahrul Yasin Limpo pushed for Smallholder Business Credit (KUR) distribution to increase farmers’ productivity. “Until today, I think agriculture is one of the commodities that continue to develop quite well. To date, the agricultural sector has utilized Rp42.17 trillion from KUR, about 60 percent already. Last year, the amount was Rp55 trillion, […]
The Government continues to renew its commitment to fulfill the rising demand for COVID-19 therapeutic drugs as COVID-19 cases continue to rise in the country. According to Minister of Health Budi Gunadi Sadikin, there are three types of therapeutic drugs that cannot be produced domestically, namely remdesivir, actemra, and gammaraas. “We heavily rely on imported […]
The Association of State-Owned Banks (Himbara) has announced it is ready to support the distribution of People’s Business Credit (KUR) in the agricultural sector, according to Minister of State-Owned Enterprises Erick Thohir. “We have prepared eight (agricultural) clusters (that will receive KUR) namely rice cluster, corn cluster, oil palm cluster, sugarcane cluster, citrus cluster, decorative […]
Following the implementation of public activity restriction (PPKM) to curb the spread of COVID-19, the Government continues to speed up distribution of social assistance to the people. “In normal conditions, the Government provides two kinds of asssistance managed by Ministry of Social Affairs, namely BPNT or non-cash food assistance and Staple Food Card through e-store […]
In light of the surge in COVID-19 cases in Indonesia, the Government has announced it continues to distribute oxygen concentrators to hospitals and COVID-19 isolation centers to meet high demand for oxygen. “We have secured a donation of 17,000 [units of oxygen concentrator] and some of them have arrived. We will also buy 20,000 units […]
Following the extension of Level 4 and Level 3 Community Activity Restrictions (PPKM) in the islands of Java and Bali from 26 July to 2 August 2021, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan underlined the importance of cooperation from all elements in the implementation of pandemic control policy. “The handling of […]
In a bid to curb the pandemic, President Joko “Jokowi” Widodo Sunday (25/07) at Merdeka Palace in Jakarta announced that public activity restriction (PPKM) level 4 will be extended to 2 August 2021. According to the President, the decision was made after his administration took several aspects into account, including health, economic and social dynamics […]
