The Bank Indonesia (BI) has announced the third stimulus policy, after the first policy was issued on 19 February 2020 and the second was issued on 2 March 2020, according to Governor of the central bank Perry Warjiyo. “The third stimulus policy is in the form of a reduction in interest rates and seven other […]

The Indonesian Government will reallocate Rp62.3 Trillion of the State Budget (APBN) to combat Covid-19, Minister of Finance Sri Mulyani has said on an online press statement, Friday (20/3). The budget, according to the Minister, will be utilized to provide support in three areas, namely healthcare, people’s protection, and aid to the business sector.

Indonesia’s current situation is different from that in 1998 or in 2008 due to the current global financial market, including capital owners worldwide, according to Governor of Indonesian central bank Bank Indonesia (BI) Perry Warjiyo. “Due to rapid spread of the virus to the US and various European countries including the UK, investors and global […]

In a bid to accelerate Covid-19 detection, the Government has announced a plan to perform rapid tests across the country and to provide supporting facilities, President Joko “Jokowi” Widodo has said. President Jokowi delivered his press statement on the current information of Covid-19 mitigation and preventive measures at the Merdeka Palace, Jakarta, Friday (20/3).

President Joko “Jokowi” Widodo said he has ordered relevant ministers and regional governments to refocus their budgets to help the country cope with the ongoing covid-19 pandemic.

In a bid to tackle the economic impact of the coronavirus pandemic, President Joko “Jokowi” Widodo has instructed all Cabinet ministers, heads of institutions, and regional governments to refocus and reallocate the State Budget and regional budgets. “First, cut non-priority budget posts, including for official business trips, working meetings, and non-operational purchases of goods,” President […]

In a bid to ease the economic pressure amid Covid-19 pandemic, the Indonesian Government determined to relax the Smallholder Business Credit (KUR), reduce motorcycle loans for online motorcycle taxi drivers, and launch Pre-employment Card. Coordinating Minister for Economic Affairs Airlangga Hartarto also ensured that the Government guaranteed the availability of stock both in terms of […]

A patient’s immune system to fight against the corona virus is key to helping the body recover, Ministry of Health’s Disease Control and Prevention Director General – who is also the Government’s spokesperson for covid-19 outbreak management – Achmad Yurianto has said. “Research conducted by the World Health Organization by bringing together world’s virologists has […]

In a bid to accelerate licensing and to simplify fishing management in Indonesia, Ministry of Maritime Affairs and Fisheries has announced it will merge four existing ministerial regulations into one single regulation.

  President Joko “Jokowi” Widodo on 12 March 2020 signed Presidential Decree (Keppres) Number 6 of 2020 on Hajj Pilgrimage Cost (BPIH) for 1441 Hijri/2020 AD. The BPIH consists of the Hajj Travel Costs (Bipih), Value of Benefits, and Efficiency Funds.