The chances are low that crude oil will go beyond the benchmark in the 2020 state budget. The coronavirus-rooted crisis has yet to see an end, considering that no country except China has been able to overcome it.
The government opens opportunities for private companies, both domestic and foreign, to manage state-owned properties and state-owned enterprises with a limited concession scheme.
The administration has issued many policies along with its controversies. Although the government "controls" almost all political parties, the social and political dynamics of each policy may not subside.
The Chinese government is giving full efforts to contain the novel coronavirus (2019-nCoV), which was first identified in Wuhan, the capital of Hubei Province.
The Investment Coordinating Board is getting more power. It is now allowed to grant tax holiday, the authority previously held by the Finance Ministry.
Jiwasraya's default over policies that fell due, followed by Asabri's investment failures, is snowballing as the House of Representatives starts voicing the dissolution of the Financial Services Authority.
