Government Support

The Government of the Republic of Indonesia has issued several policies in support of the Indonesian people and businesses in an effort to mitigate the negative impact of COVID-19. For a summary, please click here.

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07/05/2020

Government Support

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Government Expands Tax Incentives

Having reviewed the various measures that have been taken in mitigating the economic impact of the COVID-19 pandemic, particularly among Indonesians…

23/04/2020

Government Support

EKONID news

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Govt. issues tax incentives to support businesses amidst COVID-19 pandemic

As businesses are forced to stop operations and workers are unable to go to work due to the COVID-19 pandemic, the Indonesian Government has issued…

17/04/2020

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EKONID news

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Amidst COVID-19 Pandemic, Rupiah Stabilizes as Govt. Intervenes

The value of Rupiah stabilized after the Indonesian government penned a US$60 billion repo facility deal with the Fed. The Indonesian Central Bank…

16/04/2020

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Tax regulation changes in Perppu 1/2020 is aimed at mitigating the impact of the COVID-19 pandemic

The tax changes in President Joko Widodo’s first Perppu of 2020 are meant to create enough fiscal space to both fight the pandemic and ensure a speedy…

16/04/2020

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President Jokowi expands the authority of the state’s financial institutions in the fight against COVID-19

Through Perppu 1/2020, President Joko “Jokowi” Widodo has expanded the authority of the central bank, the state’s insurer (LPS), as well as the…

14/04/2020

Government Support

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Govt eases temporary export ban of PPE

The export ban on Personal Protective Equipment (PPE) has been relaxed as local industry steps up to increase production and safeguard domestic…

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