TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search results
The government has spent nearly half of the Rp 96.17 trillion (US$6.7 billion) healthcare budget allocated in the coronavirus stimulus as patients overwhelm hospitals and people struggle to get tested.
As vaccines may only become available in the second half of next year, the pandemic will continue to limit economic recovery, said Institute for Development of Economics and Finance executive director Tauhid Ahmad.
Indonesia is looking to spend around Rp 1.2 quadrillion (US$85.21 billion) in state budget and regional administration funds to support the economic recovery in the fourth quarter this year as the coronavirus pandemic rages on.
“I am optimistic [the economy in] the third quarter will be better than in the second quarter,” President Jokowi said during a coordination meeting in Bandung on Tuesday. “We want to grow positively but we need to work hard.”
The new stimulus programs range from a continuation of existing programs such as fund placement in banks, electricity discounts and the Family Hope program, as well as new programs intended to spur economic growth and boost people’s purchasing power, according to Finance Minister Sri Mulyani on Monday.
