The Government has announced that the country’s economic recovery from the pandemic could start in the last quarter of this year and will speed up the recovery by next year, according to Minister of Finance Sri Mulyani Indrawati. “Indonesia’s economic growth in the second and third quarters will face a slower growth scenario as […]
President Joko “Jokowi” Widodo on Wednesday (15/4) chaired a Limited Cabinet Meeting on the Coronavirus Impact Mitigation Program for Micro, Small, and Medium Enterprises through a video conference from the Merdeka Palace, Jakarta Province. According to President Jokowi, there are four important points to mitigate the impacts of COVID-19 for MSMEs. They are as follows: […]
Indonesia must empower its domestic industries to produce medical equipment needed to handle the ongoing spread of COVID-19 pandemic, President Joko “Jokowi” Widodo said. “There are 213 countries affected by the disease and all countries worldwide are fighting to obtain medical equipment needed to handle the disease,” the President said in his introduction at a […]
The Government will change funding mechanism for its capital expenditure from single year to multi-year funding, especially in budget allocation at the Ministry of Public Works and Public Housing, the Ministry of Transportation, and other Ministries that need large capital expenditures. “The measure is expected to provide fiscal space of Rp59 trillion. It does not […]
President Joko “Jokowi” Widodo installed I Dewa Kade Wiarsa Raka Sandi as a member of the General Elections Commission (KPU) for the 2017-2022 term, at the State Palace, Jakarta, Wednesday (15/4). The installment is based on Decree of President of the Republic of Indonesia Number 38/P of 2020 on ratification of the appointment of member […]
President Joko “Jokowi” Widodo installed Ahmad Riza Patria as the new Jakarta Deputy Governor for the remainder of the 2017-2022 term, at the State Palace, Jakarta, Wednesday (15/4). His inauguration was based on Presidential Decree Number 40/P/2020 on ratification of the appointment of Jakarta Deputy Governor for the remaining term of 2017-2022. Ahmad Riza expressed […]
National industry has been urged to shift their business to producing medical equipment, medicine as well as vitamin, Minister of Industry Agus Gumiwang Kartasasmita has said. “President Joko “Jokowi” Widodo has set a target that medical equipment, medicine and vitamin can be fully supplied by domestic industry. This shows that the Government fully trusts the […]
COVID-19 pandemic has changed Indonesia’s baseline this year rapidly, significantly, even very fundamentally as the pandemic has brought enormous health, social, economic, and financial impacts, Minister of Finance Sri Mulyani has said. “For the country’s GDP, the Government currently estimates it will be under severe and very severe conditions. Indonesia’s baseline which was originally at […]
President Joko “Jokowi” Widodo called on Association of Southeast Nations (ASEAN) member states to unite, synergize, and collaborate to fight against Coronavirus (COVID-19) pandemic. “We don’t have other choice than winning the battle against the virus. Unity, synergy and collaboration are the solutions,” President Jokowi said when attending virtual ASEAN Summit on the COVID-19 Pandemic […]
President Joko “Jokowi” Widodo has reminded his Cabinet to remain vigilant against the continued impact that the COVID-19 pandemic brings on the country’s economy in 2021. “Do carefully calculate the potentials, opportunities, and various risks that may persist both in domestic market and the global market,” the President said on Tuesday (14/4). However, apart from […]
