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Jakarta Post

Govt prepares Rp 72t poverty fund

  • Yuli Tri Suwarni

    The Jakarta Post

Jakarta   /   Mon, December 15 2008   /  10:38 am

The government has increased the poverty alleviation fund to Rp 78 trillion (US$6.9 billion) in an effort to reduce the poverty rate, which is predicted to increase as impacts of the global financial crisis are felt. Social Services Minister Bachtiar Chamsyah said the fund would go towards various programs including the direct aid cash program (BLT), the rice for poor people and school operational aids program (BOS) as well as empowerment programs such as the independent empowerment national program (PNPM) and the hope family program (PKH). In last year's state budget, the government allocated some Rp 50 trillion for the poverty fund. The recent addition means there will be a more than 50 percent increase in the fund. However, Bachtiar said he had yet to see predictions of how many people in Indonesia are expected to fall below the poverty line next year as a re...