The Government involved regional governments in the National Economic Recovery (PEN) program through several policies targeting wider public in order to recover Indonesia’s economy. The most recent policy in the program is National Economic Recovery Loan for the regions and Deposit Facility in publicly listed Bank Pembangunan Daerah. The Government, in the 2020 State Budget […]
Global economy is developing very dynamically and full of uncertainties, according to President Joko “Jokowi” Widodo. He also said that several world financial institutions constantly revise projection for this year’s global economic growth and next year’s growth projection. “The International Monetary Fund (IMF), the World Bank, and the Organization for Economic Cooperation and Development (OECD) […]
During the first semester of 2020, total investment in the industrial sector has increased by Rp129.6 trillion or rose by 23.9 percent compared to the Rp104.4 trillion achievements in the same period in 2019. “The Government is determined to continue to create conducive business climate through strategic policies in order to attract foreign and domestic […]
President Joko “Jokowi” Widodo on 6 July 2020 signed Presidential Regulation (Perpres) Number 75 of 2020 on Rights of Child Victims and Child Witnesses. The Regulation aims to implement the provisions of Article 90 paragraph (2) of Law Number 11 of 2012 on the Criminal Justice System for Children, Child victims, according to the Regulation, […]
Head of the National Agency for Disaster Mitigation (BNPB) Doni Monardo as Head of COVID-19 Mitigation Working Committee said that several offices that have imposed new normal order must implement two work shifts. “The first shift starts between 07.00-07.30 and ends between 15.00-15.30. Meanwhile, the second shift starts between 10.00 -10.30 and ends around 18.00-18.30,” […]
Indonesian Minister of Finance Sri Mulyani has announced that the posture of the 2021 draft State Budget must include measures to handle COVID-19 and restore the economy. In a press statement on Tuesday (28/7), the Minister address several issues, namely: First, the macro assumption was agreed in the form of range and how it affects […]
Deputy Minister of State-Owned Enterprises Budi Gunadi Sadikin as Head of the National Economic Recovery Task Force said that President Joko “Jokowi” Widodo urged to speed up the absorption of economic stimulus budget. Budi further stated that to date, the Government has spent 19% of the Rp 695.2 trillion as of July 22. Thus, the […]
Minister of Health Terawan Agus Putranto has issued Decree number HK.01/07/MENKES/446/2020 on reimbursement procedures for hospitals treating COVID-19 cases. The new Decree stipulates the roles and functions of Ministry of Health, Social Security Agency for Healthcare (BPJS Kesehatan), local and regional health offices, and hospitals. The Decree is in line with Decree of Minister of […]
President Joko “Jokowi” Widodo delivered his directives to Cabinet Ministers to accelerate the absorption of health sector and the disbursement of financial incentives for medical workers, Coordinating Minister for Economic Affairs Airlangga Hartarto has said. The Minister made the statement during a media briefing after attending Limited Cabinet Meeting, Monday (27/7). “We will discuss the […]
The establishment of the COVID-10 Mitigation and the National Economic Recovery Committee aims to integrate health and economic policies and to make balanced and extensive responses, according to President Joko “Jokowi” Widodo. “Health care is our priority. We must continue to intensify efforts to tackle the pandemic until vaccines are available and can be used […]
