President Joko “Jokowi” Widodo has discussed various key issues in oil and gas sector during his meeting with state-owned oil company Pertamina’s President Commissioner Basuki Tjahaja “Ahok” Purnama and President Director Nicke Widyawati at the Presidential Palace, Jakarta, Monday (9/12). “(It includes) matters relating to oil and gas imports, and that relating to B20, B30,” […]

President Joko “Jokowi” Widodo called for private and local entrepreneurs to be involved in infrastructure projects, most of which are run by State-owned Enterprises. “Give more space to private sectors, local entrepreneurs, small and medium entrepreneurs, local workers, to be involved in infrastructure development,” President Jokowi said in a limited meeting on Accelerated Implementation of […]

The Indonesian Government has decided to increase the amount of loan provided in several people’s credit schemes due to the low rate of nonperforming loans (NPL), President Joko “Jokowi” Widodo has said. “The low NPL at Micro Waqf Bank, Mekaar program (Fostering the Economy of the Prosperous Family), and the People’s Business Credit (KUR) show […]

Redesigning of the People’s Business Credit (KUR) allocation is needed since the Government targets the KUR distribution to increase to Rp325 trillion by 2024, Presidential Special Staff Arif Budimanta has said. “The KUR allocation will be more focused on the production sector, which has a higher economic impact,” Presidential Special Staff Arif Budimanta said when […]

The Government has announced it will increase the budget for micro credit (KUR) to Rp190 trillion, with the interest rate also being lowered  from 7 percent to 6 percent, President Joko “Jokowi” Widodo said. “With this substantial amount of ceiling, it is expected that a significant impact will be gained to grow people’s economy, mainly […]

President Joko ‘Jokowi’ Widodo on Monday (9/12) summoned Chief of the Indonesian National Police General Idham Azis to the State Palace, Jakarta to ask for the progress of the investigation of the case of acid attack on the Corruption Eradication Commission (KPK) investigator Novel Baswedan. “We have had significant clues on the case and are […]

In a bid to eliminate tuberculosis in Indonesia, President Joko “Jokowi” Widodo has instructed his Cabinet to draft a legal basis to facilitate cooperation between ministries in this effort. “We must work hand-in-hand to eradicate tuberculosis,” Chairman of the Indonesian Partnership Forum Arifin Panigoro told reporters after meeting with President Jokowi at the Merdeka Palace, […]

President Joko “Jokowi” Widodo said that the Government is considering the possibility of issuing a Government Regulation in lieu of Law (Perppu) on the Corruption Eradication Commission (KPK). He added that the Law (Law Number 19/2019 on the Corruption Eradication Commission) itself has not been implemented yet. “We will evaluate (the Law) after the establishment […]

President Joko “Jokowi” Widodo has ordered his Cabinet Ministers to devise a scheme to involve Micro, Small, and Medium Enterprises (MSMEs) in, for example, procurement of goods and services by ministries, institutions, and SOEs. President Jokowi also told his Cabinet to prioritize buying goods and services from MSMEs, as well as the National Public Procurement […]

No matter how small, corruption is still corruption and it is intolerable, President Joko “Jokowi” Widodo has stated. “(Our) children must be informed that corruption destroys our lives, our country’s lives, as well as our people’s lives,” the President said when attending a theatrical performance entitled #PrestasiTanpaKorupsi (achievement without corruption) to commemorate the World Anti-Corruption […]