Police Ordered to Get Tough on Covid-19 Fund Misuse

... Police Day ceremony at the State Palace in Jakarta on Wednesday ... response programs and supervise its budget use. "Prevention should be prioritized ...

Vulnerability Index Highlights Potential Problems in 2020 Regional Election

... had already completed their budget before the pandemic began ... governments have already restructured their budget, but others are unable ... need extra funding from the state budget. We've already reported ... government can use the state budget to buy the PPEs ...

Stimulus Spending Faces Delays as Indonesia Braces for Q2 Contraction

... the government added spending for state-owned enterprises, ministries and ... , of the total PEN budget. Sri cited an ongoing ... communicate closely with the State-Owned Enterprises Ministry to ... stimulus allocated to them. The budget, which had been increased ...

Democracy at Stake: Demands Surface to Postpone Regional Election Until 2021

... becoming more disillusioned about the state of Indonesian democracy, with a ... them were satisfied with the state of democracy in Indonesia. The ... by then but technically and budget-wise the KPU will be ... to resume next week. The budget for the election is still ...

Second Revision to State Budget Expected as Gov't Expands Covid-19 Relief Package

Jakarta. Indonesia's state budget deficit is set to ... second revision to the 2020 state budget. "The [first] presidential ... Thursday. According to Febrio, state revenues are expected to drop ... program. The Village Fund budget has also slightly increased to ...

Regional Gov'ts Should Be Wary of Loopholes in Covid-19 Mitigation Budget: BPK

... have been reallocating their budget for Covid-19 mitigation ... Chairman Agung Sampurna said budget management and monitoring have ... monitor the Covid-19 mitigation budget, especially social aid distribution, ... to have been stuck in state-owned banks. Based on ...

What About Us?: Indonesia's Private Employers Demand More Stimulus

... packing too much emphasis on state-controlled companies and small-medium ... to finance debt restructuring for state-owned enterprises. Meanwhile, only Rp ... in boosting the country's state budget from Rp 116 trillion in ...

Central Bank Buys $1.6b in Gov't Bonds and Set to Buy More

... the country faces a burgeoning state budget deficit due to the rising ... a prolonged pandemic will increase state spending even more. To counter ...

Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax

... from last year. Government budget would be set back by ... 2020 presidential decree about the state budget. President Joko "Jokowi" Widodo ... 2.78 trillion from the state budget for biofuel subsidy for the ... . Hence, the increase in budget to Rp 123 trillion in ...

What Is Behind the Fall of Banking Stocks Last Week?

... to record low this year. State-controlled Bank Rakyat Indonesia, the ... years. Meanwhile, shares of another state-controlled lender Bank Negara Indonesia ... Rp 70 trillion in the state budget for the lender's liquidity ...