The Government to provide interest subsidy for real sectors of the economy that are highly affected by the COVID-19 pandemic, according to Coordinating Minister for Economic Affairs Airlangga Hartarto. “Restaurant and tourism sector are among the hardest hit by the pandemic, their year-on-year earnings continue to decline to 70 percent, while year-on-year earnings of other […]
The Government has announced it continues to reduce the number of uninhabitable houses (RTLH) across the country, including 3,500 homes in West Sulawesi through the Self-help Housing Stimulant Assistance Program (BSPS). Ministry of Public Works and Public Housing has allocated Rp4.35 trillion for the Self-help Housing Stimulant Assistance Program this year to improve the quality […]
Ministry of Public Works and Public Housing continues to monitor toll roads during the implementation of Large-Scale Social Restrictions (PSBB) policy. Government Regulation (PP) Number 21 of 2020 on Large-Scale Social Restrictions stipulates that 14 Toll Roads in Special Capital Region (DKI) Jakarta, Banten and West Java Provinces are subject to Large-Scale Social Restrictions to […]
In a bid to support countries in the efforts to tackle the impact of the COVID-19 pandemic, the Islamic Development Bank (IsDB) Group has launched a 3-R approach program for member countries with each component focusing on respond, restore and restart programs. According to Indonesian Minister of Finance Sri Mulyani Indrawati, the IsDB Group has […]
The Government has announced adjustment in gas price for power plants operated by state-owned electricity company PT PLN to US$6 per million British thermal unit (mmbtu). The decision was based on Regulation of Minister of Energy and Mineral Resources Number 10 of 2020 on Amendment to Regulation of Minister of Energy and Mineral Resources […]
The Indonesian Government has decided to distribute Rp600,000 in cash assistance (BLT) for underprivileged farmers. “The Government will distribute it as an incentive for 2.44 million farmers categorized as poor in order for them to start the next planting season,” Coordinating Minister for Economic Affairs Airlangga Hartarto stated after a limited meeting on staple food. […]
The National Logistics Agency (Bulog) has announced it currently has 6.3 million tons of rice stocked at its warehouses that will be distributed to regions with limited rice production. “In addition, we have supplies of 1.4 million tons of corn, 12,641 tons of red chili, 26,353 tons of bird’s eye chili, 1,307,462 tons of shallot, […]
Amid the ongoing COVID-19 pandemic, President Joko “Jokowi” Widodo has called on his Cabinet to design anticipatory measures to fulfill the people’s basic needs. During a limited meeting on Tuesday (28/4), the Head of State raised several points, including: First, the President has ordered a quick count and a quick assessment of the people’s basic […]
As of Monday (27/4), 8,157 villages in 76 regencies have disbursed Cash Transfer Assistance (BLT) which is sourced from the Village Funds. The cash assistance are disbursed through bank transfer or directly to the houses of beneficiaries in cash. The statements were made by Minister of Village, Disadvantaged Regions and Transmigration Abdul Halim Iskandar in […]
The daily price and the weekly price of food are relatively stable although price of five commodities have increased by 0.27%-2.5%, Coordinating Minister for the Economy Airlangga Hartarto has said. “Year-to-date food inflation from January to March is 0.15%, this is lower than the same period in 2016-2018-2019,” the Coordinating Minister said after attending the […]
