Major changes that occur worldwide must be anticipated, ranging from technological disruption that affects all sectors of the application of automation, Artificial Intelligence, big data, to Internet of Things (IoT), according to President Joko “Jokowi” Widodo. To that end, the President continued, the Government must also anticipate changes in demographics and  socio-economic profile of the […]

President Joko “Jokowi” Widodo instructed the COVID-19 National Task Force, Ministries, the Indonesian National Defense Force (TNI), and the Indonesian National Police (Polri) to prioritize three provinces with high number of COVID-19 cases. “They are East Java, South Sulawesi, and South Kalimantan,” President Jokowi said in his introductory remarks during a limited meeting, Thursday (4/6). […]

The Government has announced it will implement financial and real sector policies in a bid to ease the impacts of COVID-19 towards business actors. “We welcome all stakeholders and entrepreneurs, the financial as well as real sectors. We must join hands to mitigate the impact of COVID-19,” Chairman of the Board of Commissioners of the […]

President Joko “Jokowi” Widodo at a limited meeting on Thursday (4/6) ordered to increase target of specimen testing and carry out massive tracking in a more aggressive manner. The President also expressed gratitude that the specimen testing has exceeded the initial target of 10,000 tests per day. “The next target is 20,000 tests per day. […]

Thousands of business groups that are considered eligible to receive support will receive tax incentives amounting to Rp123.01 trillion, Minister of Finance Sri Mulyani has announced. “Tax incentive is a form of support to the business sector as one of sectors most affected by the COVID-19 pandemic,” Sri Mulyani said, Wednesday (3/6). The tax incentives, […]

In a bid to stimulate the country’s economic recovery, Indonesian central bank Bank Indonesia (BI) has announced it is coordinating and working in synergy with Ministry of Finance and the Financial Services Authority (OJK). According to BI Governor Perry Warjiyo, one of the measures is by establishing policies aimed at supporting the sustainability and the […]

The Government has announced that distribution of Direct Cash Assistance (BLT) sourced from Village Fund has reached 69,443 villages or 93 percent of 74,953 villages, according to Minister of Villages, Disadvantaged Regions, and Transmigration The Minister made the statement on Tuesday (2/6) after surprise inspection of the distribution of Direct Cash Assistance (BLT) sourced from […]

In a bid to protect businesses of Micro, Small, and Medium Enterprises (MSME), the Government will provide interest subsidies and placement of funds program. “All schemes of economic recovery programs will be included in the amendment to Presidential Regulation on the State Budget posture, including interest subsidies for MSMEs worth Rp35.28 trillion,” Minister of Finance […]

Minister of Finance Sri Mulyani Indrawati has said that the Government provides Rp677.2 trillion for COVID-19 handling. The provision will be stipulated in the amendment to Presidential Regulation Number 54 of 2020. The Minister explained that the funding will be provided for the following sectors: First, health sector, with the budget of Rp87.55 trillion. “This […]

In a bid to recover the severely hit public health and economic sectors, the Indonesian Government aims to implement the National Economic Recovery (PEN) Program. “This national economic recovery program is an extraordinary measure as referred to in Government Regulation in Lieu of Law (Perppu) Number 1 of 2020 which is now (stipulated as) Law […]