TheJakartaPost
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E-wallet platform DANA has officially become the government’s latest partner to disburse cash assistance to participants of the pre-employment card program, following a memorandum of understanding (MoU) signing on Wednesday.
MSMEs, which account for around 60 percent of Indonesia’s gross domestic product (GDP), are among the hardest-hit businesses during the coronavirus outbreak as demand weakens and bank loans become harder to access.
Experts and a business player association are urging the newly established COVID-19 response team to re-evaluate the government’s fiscal stimulus and boost its effectiveness amid the continuous rise in the number of cases.
The government missed its self-appointed target of disbursing cash transfer assistance ahead of Idul Fitri on Sunday, as various city and regency administrations still scrambled to fine-tune their beneficiaries data, contributing to ongoing delays.
