2022 State Budget and Fiscal Incentives Presentation

The National Economic Recovery Program (PEN) Has Effectively Cushioned The Impact Of Pandemic The program continues to offer support for communities during hard times and accelerate the economic recovery 2020 National Economic Recovery Program (PEN) amounted to IDR 575.2 T, was enacted to respond to the Covid- 19 pandemic handling and aim to save people's lives and economy. . The realization of the National Economic Recovery program for 2021 amounted IDR 658.6 T or 88.4% of its plan* e.g. • HEALTH SECTOR IDR198.5T Vaccine Procurement (310.9M Doses) Medical Facilities, treatment cost, testing & tracing *preliminary figures 2021 SOCIAL PROTECTION IDR171T e.g. • Cash Transfer, Conditional Cash Transfer & Staple Food Assistance • Pre-Employment Card • Internet Subsidy and Electricity Bill Discount Extreme poverty eradication program PRIORITY PROGRAMMES e.g. IDR105.4T • Tourism Supports, Food Security/Food Estate and Infrastructure . • Health Insurance Aid for Non-Wage Workers Vaccine R&D FIRMS & MSMES SUPPORT • Loan Facility for Regional Govt IDR10T through PT. SMI • Labor Intensive Program (2.26M workers) IT-related Program & Industry area development IDR116.2T e.g. e.g. . • Ultra-Micro business assistance and cash transfer Guarantee Fee subsidy for MSMEs firms • Liquidity support for the banking sector, interest subsidy for business and Capital Injection • BUSINESS INCENTIVES IDR67.69T Income Tax subsidy for employers and MSMEs Income Tax Exemption on Import Tax discount for Automotive, and property sector Subsidy on Import Duty 2022 National Economic Recovery Program will continue in 2022, particularly for health sector, pandemic handling and economic recovery program 67 40

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