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Some 37,000 small and medium enterprises (SMEs) have reported difficulties to the government, crying for help as government aid has yet to reach their bleeding operations, with some forced to close shop amid the pandemic.
President Joko “Jokowi” Widodo’s Cabinet is currently deliberating such a mechanism to cushion the economic impact of the quarantine policy on the poor, who are prone to financial risk once the restriction takes place.
The Democratic Party has demanded that President Joko "Jokowi" Widodo's administration enforce a lockdown on urban areas as well as provide financial assistance to low-income households who might lose their income as a result of the COVID-19 pandemic.
Finance Minister Sri Mulyani Indrawati said the government would reallocate up to Rp 10 trillion from the portion of the state budget that was set for ministries and institutions, as well as Rp 17.2 trillion in funds earmarked for regional administrations.
