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View all search resultsAs a cochair of the G20 Joint Finance and Health Task Force, Indonesia is currently in a position to continue shaping the forum's Framework on Economic Vulnerabilities and Risks as a mechanism to mitigate the impacts of future pandemics to benefit developing countries, including itself.
LCT will reduce dependence on certain currencies, reinforce the stability of the rupiah and partner country currencies, strengthen the resilience of the local money market and increase trade and investment with partner countries.
The government has dismissed eight Finance Ministry employees over their alleged efforts to conceal Rp 349 trillion (US$22 billion) worth of suspicious transactions that had occurred within the ministry over the course of years.
A government task force has rescued nearly 2,000 victims of human trafficking across the country over the past month, but this could be “the tip of the iceberg”, an official has said, as more people fall prey to employment scams.
A government task force has reclaimed some 30 percent of the assets stolen in the Bank Indonesia liquidity support (BLBI) scandal, which had its roots in the 1998 Asian financial crisis, and has redeployed some of the assets for local administrations, state agencies and ministries.
Coordinating Legal, Political and Security Affairs Minister Mahfud MD announced on Monday the creation of a joint task force to dig into the Rp 349 trillion (US$23.4 million) in suspicious transactions under the Finance Ministry, prioritizing the alleged money laundering case worth Rp 189 trillion involving imported gold bars.
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