The government altered the health and economic mitigation strategy related to the COVID-19 pandemic. President Joko Widodo consequently created a new ad hoc institution to handle both issues.
Weekly Insights Archive
The government plans to create a new food barn by developing an integrated food estate in the former location of the Peatland Development Project or PLG - a failed Soeharto-regime agricultural project.
Jiwasraya's policy rescue effort is entering a new phase. The SOE Ministry has designed a rescue scheme that includes the establishment of a new insurance company and a major policy restructuring, in addition to the state capital injection.
An amendment to the Bank Indonesia Law suddenly entered the priority list of discussions in the national legislation program (Prolegnas) in parliament.
House members questioned the protracted discussion of the "burden-sharing" between the government and the central bank.
Dissatisfaction with the Indonesian government began to spread along with the spread of the pandemic coronavirus disease (Covid-19). Government policies have drawn criticism from the start.
Circulating news that Bank Bukopin is facing liquidity shortages had put the national banks' resilience amid the pandemic into the spotlight.
Jakarta applied a phased easing on PSBB starting Friday, June 5, 2020. Governor Anies Baswedan called this easing a transitional period.
The government put SOEs rescue among top priority amid the Covid-19 pandemic, planning to disburse a total of Rp 152.75 trillion in liquidity for 12 SOEs.
Current account deficit conditions experienced by Indonesia still make the rupiah exchange rate vulnerable to turmoil.