Indonesia – President Joko Widodo (Jokowi) has coordinated that 40% of the state (APBN), local (APBD), and state-claimed ventures (SOEs) financial plan be utilized for buying homegrown items. In view of this, He highlighted to simply utilize 40% of those spending plan to set off our monetary development from focal government to neighborhood government. This is what he noted in …

The government increased the budget allocation for handling coronavirus (Covid-19) by Rp405 trillion. This was also stated in the Government Regulation in Lieu of Law (Perppu) No. 1 of 2020 concerning State Financial Policy and Financial System Stability, which was signed on 31 March. President Joko “Jokowi” Widodo used several financial items such as the 2020 State Revenue and Expenditure …

Finance Minister Sri Mulyani said that at present the state’s finances are facing an abnormal situation. The corona virus outbreak and the world oil price war became a global factor that triggered a decline in the domestic economy. That was also the Ministry of Finance required to work extra. For this reason, she asked all officials and employees of the …