President Joko “Jokowi” Widodo, on 8 April, has signed the Presidential Regulation Number 58 of 2020 on Import Licensing Arrangement and Simplification. (Link: https://jdih.setkab.go.id/PUUdoc/176099/Perpres_Nomor_58_Tahun_2020.PDF) It is expected that the Regulation can help to control the availability and affordability of goods as well as to maintain the continuity of industrial production process that requires raw materials and/or […]

President Joko “Jokowi” Widodo on 8 April, 2020 signed Presidential Regulation (Perpres) Number 59 of 2020 on Amendment to Presidential Regulation Number 71 of 2015 on Determination and Storage of Staple Food and Important Goods. (Link: https://jdih.setkab.go.id/PUUdoc/176100/Perpres_Nomor_59_Tahun_2020.PDF) The Regulation aims to accelerate policy making and controlling the availability of Staple Food and/or Important Goods. “The […]

To date, two provinces and 21 regencies/cities in Indonesia have imposed large-scale social restrictions (locally known as PSBB) as part of the mitigation efforts to tackle the ongoing COVID-19 pandemic, according to COVID-19 Rapid Response Task Force. The city of Surabaya and the regencies of Sidoarjo and Gresik in East Java province are among the […]

After taking into account a number of reasons, the Government has announced that the 20th PON (National Sports Week) in Papua province, which was initially planned to be held in October this year, will be rescheduled to October 2021. “One of the considerations is that the completion of the venue’s construction has to be delayed […]

Starting 1 April, 2020, the Government implemented the Supreme Court Decision Number 7/P/HUM/2020 that revokes the increase in health insurance premium of the Social Security Agency for Health (BPJS Kesehatan) for non-salaried employee (PBPU) and nonemployee (BP). The BPJS Kesehatan premiums, as of April 2020, is Rp25,500 for third-class service, Rp51,000 for second-class service, and […]

  In a bid to maintain the country’s financial system stability, the Government has renewed its commitment to monitor various policy measures taken to mitigate the impacts of COVID-19 outbreak. “The total amount of State Budget for handling COVID-19 outbreak is up to Rp405 trillion,” Minister of Finance Sri Mulyani told reporters after attending a […]

The Government continues to improve the quality of national roads in the eastern part of South Sumatra province. The project aims to support smooth distribution of logistics amid the COVID-19 pandemic. National roads in Sumatra Island, especially the Lampung – South Sumatera – Jambi route, is a vital route that connects various centers of production […]

The Government has announced it will provide economic stimulus for the country’s farmers amid the ongoing COVID-19 outbreak. “The Government is currently discussing the plan to provide incentives for the farmers,” said Coordinating Minister for Economic Affairs Airlangga Hartarto, Tuesday (21/4). Airlangga also said that the Government has designed a policy to shift consumption from […]

Policy package to expand to 18 real sectors has been reported to President Joko “Jokowi” Widodo in a Limited Meeting, Wednesday (22/4), according to Coordinating Minister for Economic Affairs Airlangga Hartarto. “(The Limited Meeting) has decided several stimulus regarding Smallholder Business Credit (KUR), state-owned community development institution (PNM), and state-owned pawnshop Pengadaian which will be […]

Relaxation in the form of interest or principal subsidies is aimed at preventing bad debts and restructuring will follow, Coordinating Minister for Economic Affairs Airlangga Hartarto said. “Newly announced stimulus in the form of sector expansion is part of the safety net program for economic sector worth Rp70 trillion,” Airlangga said during a press statement […]