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 […]

The Government has announced it will extend the period of social assistance programs until December this year. According to Minister of Finance Sri Mulyani Indrawati, the programs aim at supporting the people and improving their purchasing power which has waned due to layoffs during the pandemic and the decline in economic activities at the grassroot […]

Following the cancellation of the 1441 Hijri/2020 AD hajj pilgrimage due to ongoing COVID-19 pandemic, the Government has issued regulation on hajj cost final payment reimbursement. “Hajj pilgrims who are not able to go on hajj pilgrimage this year may submit an application for hajj cost final payment reimbursement,” Ministry of Religious Affairs’ Director of […]

Economic recovery programs must be carried out prudently, transparently, accountably and be able to prevent moral hazard risks, President Joko “Jokowi” Widodo has said. “For that matter, I have ordered the Attorney General, the Financial and Development Supervisory Agency (BPKP), the Government Goods / Services Procurement Policy Agency (LKPP) to assist those programs. Furthermore, the […]

The Government continues to renew its commitment to develop excellent human resources particularly in teaching and learning activities during the new normal through development of educational infrastructure. To that end, the Government recently resumed the construction of a laboratory building and an electrical workshop of Padang State Polytechnic in West Sumatra province whose constructions discontinued […]

The Indonesian Government aims to implement suitable and quickly executed economic recovery programs. “This is so due to the pace of economic growth in our country which cannot be corrected any deeper. We know that in the first quarter our economy was only able to grow 2.97 percent,” President Joko “Jokowi” Widodo said at the […]

President Joko “Jokowi” Widodo and Vice President Ma’ruf Amin held a meeting with eight interfaith figures at the Merdeka Palace, Jakarta, Tuesday (2/6). In the meeting, the President told them the Government’s efforts in the handling of COVID-19. “COVID-19 has spread in 215 countries, including developing countries, developed countries, rich countries, poor countries; all countries […]

Houses of worship, economic activities, and schools will be re-opened in stages and must take into account the R0 and Rt curve rate, according to President Joko “Jokowi” Widodo. “All of them use strict scientific data. We hope it will run from stage to stage, from sector to sector, from province to province in accordance […]