Inflation Control and Financial Facilities Strategy slide image

Inflation Control and Financial Facilities Strategy

New Proposal For The Use of Covid-19 Handling Costs As the efforts to boost economic growth in the second semester Health 1. and Non-Medical NEED A JOB! Social Securities Incentives for Medical 1. The utilization of food reserve/logistic fund 2. Personnel: Incentives extension up to Dec 2020 3. • Reward for • Incentives for Medical and Non- Medical 2. Support for Hospitals by accelerating the procurement process for medical stuff and Social Security programs for middle income class Extension period of Electricity bill Discount 4. Additional Electricity bill Discount New proposals that have been budgeted: 1. Islamic Boarding School/Pesantren assistance for implementation of health protocols and online learning Rice aid for Family Hope Program beneficiaries claim for hospitalization costs 2. 3. New Normal Socialization 3. 4. Covid-19 Vaccine Cash transfer IDR500K for 9Mio Basic Food Supplies beneficiaries and non PKH Sectoral & Regional Gov't 1. Support for MSMEs (IDR2.4Mio per recipient) 2. Support for worker affected by Covid-19 (IDR600K/month for 4 months for those who registered in BP Jamsostek with salaries below IDR5Mio) 3. Buying Local Product Program for supporting the MSMEs and cashback program for MSMEs' consumers Note: The new proposal programs are funded by expansion reserves and unused government borne taxes Business Incentives 1. Exemption from applying the minimum account provisions for customers with electricity consumption below the minimum account 2. Exemption from social, business and industrial customer expense / subscription fees Source: Ministry of Finance 79
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