The Government Injects More Liquidity Into the Economy


The Indonesian government will again release a large stimulus to counter the economic impact of the pandemic coronavirus disease (Covid-19). On Monday (5/11), the government issued Government Regulation No. 23/2020 on Implementation of the National Economic Recovery Program, which is the legal basis for disbursement of these incentives.

The PP regulates that in order to restore the national economy, the government will have the flexibility to take four steps to intervene: carry out State Capital Participation (PMN), placement of funds, government investment, and guarantees. Funding for this program is carried out by issuing Government Securities (SBN), which will be purchased by Bank Indonesia (BI) in stages.


Start your free trial.

If you would like to get a 30-day free unlimited access to all of our insights, please click “Start free trial” button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you’ll receive daily insights, weekly business digests, and monthly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Enjoy a 30-day free trial, on us. Feel free to contact us with any additional questions you have.