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Indonesian Government Eyes Economic Rebound in 2023

15 June 2020, 19:02 WIB

The central government together with related authorities have rolled out several policies, fiscal and monetary, to salvage the Indonesia economy.

Funding for Covid-19 management has been increased to Rp 677.2 trillion from Rp 405.1 trillion.

Read Also: WHO Releases Indonesia Coronavirus Report

As a result, the State Budget has grown by Rp 272.1 trillion or 67 percent.

Approximately Rp 87.55 trillion of the coronavirus management aid has been allocated to the healthcare sector.

Social welfare and protection programs have been allocated Rp 203,9 trillion.

Small and medium enterprises have been allocated Rp 123.46 trillion in aid while the business community is poised to receive Rp 120.61 trillion in financial aid.

(Writer: Mutia Fauzia | Editor: Bambang P. Jatmiko) 

Source: https://money.kompas.com/read/2020/06/09/164419926/pemerintah-targetkan-2023-ekonomi-ri-bisa-kembali-tumbuh-5-persen

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