#subsidies

Collection of subsidies news, found 849 news.

BI provides Rp662.1-trillion liquidity boost for banking system

Bank Indonesia (BI) has added bank liquidity (quantitative easing/QE) amounting to Rp662.1 trillion as of September 15, ...

Need to expedite provision of direct cash assistance: President

President Joko Widodo (Jokowi) has urged that the distribution of all direct cash social assistance to the public be ...

Government disburses Rp5.84 trillion in wage subsidy in two tranches

The Indonesian government has so far distributed Rp5.84 trillion in wage subsidy, in two tranches, to 4.87 million ...

Jokowi supports BPK auditing state finance for COVID-19 handling

President Joko Widodo (Jokowi) is in favor of the audit to be conducted by the Supreme Audit Agency (BPK) in the ...

Govt to ensure social assistance distribution continues next year

President Joko Widodo’s administration is working to ensure that the distribution of social assistance, as part ...

Hope wage subsidy increases people's purchasing power: Jokowi

President Joko Widodo has said he hopes the government's wage subsidy program for low-income workers increases ...

Jokowi launches wage subsidy assistance for 15.7 million workers

President Joko Widodo (Jokowi) launched monthly wage subsidy assistance of Rp600 thousand to be disbursed for a ...

Wage subsidy assistance launched on August 27, 2020: Manpower minister

Wage subsidy assistance for workers, with income below Rp5 million, will be launched on Thursday (Aug 27) by President ...

Govt allocates Rp356.5 trillion to support national economic recovery

The Indonesian government has allocated Rp356.5 trillion in the 2021 draft state budget (RAPBN) to support the national ...

Business continuity of MSMEs hinges on boosting purchasing power

Research and Technology (Menristek) Minister/National Research and Innovation Agency (BRIN) Head Bambang P. S. ...

MSMEs proposing loan guarantees reach Rp31 trillion

Finance Ministry's Fiscal Policy Agency (BKF) noted that the Micro, Small, and Medium Enterprises (MSMEs) that ...

OJK: Data for June to show decline in bank credit growth

Data for June, 2020 will show a slump in bank lending as economic activity is yet to recover to its full potential, ...

President dissolves 18 work teams, boards, committees

President Joko Widodo has officially dissolved 18 work teams, boards, and committees that were operating based on ...

APEC encourages small businesses to go digital amid COVID-19 pandemic

As the COVID-19 pandemic drives more consumers online, small businesses need to go digital, according to the latest ...

Govt prioritizes 4 sectors for guaranteed energy supply amid pandemic

National Energy Council (DEN) Secretary Djoko Siswanto pointed to the government’s four priority sectors -- ...