#pen program

Collection of pen program news, found 156 news.

Economist advocates credit guarantees for business actors in 2021

Economist Chatib Basri has spoken in favor of credit guarantees to businesses in 2021 to support economic growth, which ...

LPS urges banks to lower lending rate

The Deposit Insurance Corporation (LPS) has urged banks to slash lending rates following the lowering of the guarantee ...

BI buys Rp342.52 trillion worth of government's sovereign debt papers

Bank Indonesia (BI) bought government-issued sovereign debt papers (SBN) worth Rp342.52 trillion through a market or ...

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Indonesian economy shows signs of recovery

The Central Statistics Agency (BPS) revealed that the Indonesian economy had contracted 3.49 percent year-on-year (yoy) ...

Realization of economic recovery funds has reached Rp366 trillion: PEN

Chairman of the Task Force for National Economic Recovery (PEN) and Transformation Budi Gunadi Sadikin affirmed that ...

PEN budget realization by Finance Ministry reaches 52%

The Finance Ministry has realized 52 percent, or Rp361.5 trillion, of the Rp695.2 trillion budget allotted under the ...

Optimal social protection budget realization revs up economic recovery

Maximum budget realization for the National Economic Recovery (PEN) Program, especially pertaining to social ...

Planting coral could benefit coastal economies: Minister

Maritime Affairs and Fisheries Minister Edhy Prabowo has said that planting a coral or coral reef is equivalent to ...

Govt scraps passenger service charge for departures from 13 airports

The Indonesian government took the decision to scrap passenger service charge (PSC) for passengers departing from 13 ...

Govt dispenses special tourism grants to revive tourism industry

The Indonesian government disbursed special tourism grants worth Rp3.3 trillion as a form of assistance for regional ...

State spending grew 15.5 percent as of September 2020

Until September 31, 2020, state expenditure had grown by 15.5 percent (yoy), amounting to Rp1,841.1 trillion, from ...

Indonesia's economic recovery began in third quarter of 2020: Minister

Indonesia's economic recovery began in the 2020 third quarter (Q3) owing to government spending on the National ...

Budget realization for infrastructure spending reaches 59.5 percent

The Public Works and Public Housing (PUPR) Ministry revealed that until October 4, 2020, realization of budget for ...

Government bears import duties to help business world survive crisis

The government is bearing import duties on the imports of goods and materials to produce goods and/or offer services in ...

Government spending becomes backbone of Indonesian economy: official

Deputy Finance Minister Suahasil Nazara stressed that government spending in the state budgets (APBN) and regional ...