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Jakarta Post

Govt may raise deficit cap for COVID-19 fight

  • Marchio Irfan Gorbiano, Adrian Wail Akhlas and Norman Harsono

    The Jakarta Post

Jakarta   /   Thu, March 26 2020   /  12:08 am
Keep us clean: A man disinfects himself in a disinfectant chamber in Blok M, South Jakarta, on Tuesday. The chamber was installed by charity organization Dompet Dhuafa to curb the spread of COVID-19.(JP/Seto Wardhana)(JP/Seto Wardhana)

Keep us clean: A man disinfects himself in a disinfectant chamber in Blok M, South Jakarta, on Tuesday. The chamber was installed by charity organization Dompet Dhuafa to curb the spread of COVID-19.(JP/Seto Wardhana)President Joko “Jokowi” Widodo has revealed that government officials and legislators are in talks to raise Indonesia’s budget deficit cap, which would allow the state to borrow more money to fund emergency response measures to the coronavirus pandemic.

Jokowi told reporters on Tuesday that the government and the House of Representatives had been discussing raising the cap over the past few days. He has also held discussions with the Supreme Audit Agency (BPK).

“The point is, we want to relax the state budget and have the political support for when we issue the regulation in lieu of law [Perppu],” he said. Jokowi previously said the state budget shoul...