Gov’t Launches Productive Presidential Assistance in Yogyakarta

President Jokowi on the occasion of productive presidential assistance for micro businesses, Friday (28/8), at Gedung Agung, DI Yogyakarta Province. (Photo by: Agung/PR).

Everyone must remain enthusiastic and work hard amid the COVID-19 pandemic, President Joko “Jokowi” Widodo said.

“Business players worldwide, micro, small, and medium enterprises are also experiencing the same issues, and are also in difficult situations,” the President said on the occasion of Productive Presidential Assistance (Banpres) for Micro Businesses, Friday (28/8) at Gedung Agung, DI Yogyakarta Province.

The Head of State also pointed out the COVID-19 pandemic has affected Indonesia’s economy and 215 countries worldwide are also experiencing the same issues.

“Not only rich countries or big countries but developing countries, poor countries, and small countries are also affected. All countries are affected,” he said.

On the occasion, the President also reiterated that the Government has already launched economic stimulus to help minimize the impact of the crises, among others, direct cash assistance and direct cash assistance for villages (BLT Desa) each amounting to Rp600,000 per month, the family hope program (PKH), and electricity subsidies free of charge for 450 VA households and a 50 percent discount for 900 VA households.

“There are basic food assistance and interest subsidy. Yesterday, we launched a wage subsidy program. Now, we provide productive presidential assistance (Banpres),” he said.

The productive presidential assistance (banpres), the President added, will be distributed to micro and small businesses for 12 million business players amounting to Rp2,400,000 directly transferred to the recipients’ bank accounts until next month.

“The number of recipients will continue to rise until it reaches 12 million business players,” he said. (HIM/EN)

Translator: Muhardi
Reviewed by: M. Ersan Pamungkas