PEN, vaccination programs, incentives key for sustaining recovery

PEN, vaccination programs, incentives key for sustaining recovery

Documentation — Coordinating Minister for Economic Affairs, Airlangga Hartarto, at a webinar organized by Padjadjaran University on April 23, 2021. (ANTARA/HO-INJABAR Unpad)

The government has prepared several main strategies (to sustain national economic recovery).
Jakarta (ANTARA) - Coordinating Minister for Economic Affairs, Airlangga Hartarto, has detailed three aspects that are key for maintaining the momentum of national economic recovery in 2021.

“The government has prepared several main strategies (to sustain national economic recovery),” he said in Jakarta on Wednesday.

The first is continuing with the national economic recovery (PEN) program as the main instrument for economic growth in 2021, he stated.

Under the PEN program, as of April 30, 2021, the government has disbursed Rp155.63 trillion, or 22.3 percent of the total fund, with a big chunk of Rp49.07 trillion flowing into the social protection program, the minister disclosed.

The second aspect is accelerating the free COVID-19 vaccination program, which seeks to cover 181.5 million of the population to build herd immunity, he said.

The program was rolled out in early January 2021, and covered healthcare workers in its first phase. Under the second phase of the program, which is under way, vaccinations are being provided to senior citizens and public service officers.

“The government is also continuing to ensure vaccine stocks,” Hartarto said.

The third aspect is that the government will continue to provide incentives to strategic sectors and several other incentives to drive economic growth in the second quarter of 2021, he added.

The incentives include the government-borne luxury sales tax (PPnBM) for the automotive industry, and the government-borne value added tax for the property sector, he said. (INE)

Related news: Economic contraction of 0.74 percent recorded in Q1 2021: BPS

Related news: Indonesia's economic growth indicates positive trend: Hartarto


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