The ministry of finance is expanding economic stimulus to Indonesian citizens has affected by the spread of COVID-19, said the government officials today (04/08) - Photo by the Ministry Office

JAKARTA (TheInsiderStories) – The ministry of finance is expanding economic stimulus to Indonesian citizens has affected by the spread of COVID-19, said the government officials today (04/08). As reported, President Joko Widodo has announced funds Rp405.1 trillion (US$25.32 billion) to overcome the virus outbreak in the archipelago.

According to the director general at the ministry, Askolani, in a video conference, in addition to pre-employment cards, the government will also provide economic stimulus to workers who have a BPJS Labor card and are exposed to terminate which estimated around 400,000. They, he said, would get help similar to the pre-work card scheme.

Another scheme that is being prepared with the social ministry affairs is for regions that have implemented Large-scale Social Restrictions will be given food package assistance in the form of commodities using the local government database. For Jakarta, a consortium lead by regional company, PD Pasar Jaya has been formed to distribute food packages every two weeks to the affected communities.

“The social ministry and regional government will launch this program soon,” he told the media.

While, director general of treasury, Andin Hadiyanto explained, for the Family Hope Program, the government decided to increase the number of recipients from 9.2 million to 10 million families. Then, the recipient of nine-basic-necessities was increased from 15.6 million to 20 million families.

Then, for the Pre-work Card will be given to 5.6 million people who are united with the social safety net package. In addition, the State Electricity Company customers will be given to 24 million families and will begin to implementing in this month.

Furthermore, the government will provide a postponement of installments and fulfillment of living needs worth Rp6.91 trillion for 11.4 million banking and non-banking creditors. This plan, he explained, was being consulted with banks and other financial institutions.

Then, director general of fiscal balance, Astera Primanto Bhakti, added that the government is also preparing funds for underprivileged families in villages that do not receive assistance from the central government and the regions. From the results of the provisional calculation there are 5.8 million families who will receive social assistance taken from village funds.

“It is planned that each family of Rp600,000 for three months,” he stated by adding the village fund that was used for cash forwards and community empowerment will have a new menu in the form of Direct Cash Assistance.

The ministry of villages in collaboration with the local government will record the families of potential recipients. For the affected areas the priority will be Java.

“Hopefully April has distributed village social assistance funds where the value is around Rp24 trillion or around 24 percent of the total village funds,” he concluded.

US$1: Rp16,000

Written by Staff Editor, Email: theinsiderstories@gmail.com