Investor Presentaiton slide image

Investor Presentaiton

Before the crisis, the Yudhoyono government already had in place several anti-poverty programs, which provided cash grants to vulnerable people (BLT) and small loans of rotating credit or equipment, such as fishing gear (KUR). The cash grants program is credited with minor reductions in poverty between 2007 and 2008, and the reductions appear to be continuing. Recent figures from BPS show consistent declines in poverty across all Kalimantan provinces to March 2009. Health insurance for poorer households (Jamkesmas), and scholarships for poor students have also helped. In addition, the community block grants programs (PNPM), when focussed on improving rural infrastructure, can reduce unemployment. The President's stimulus package, aimed largely at protecting the business sector through tax cuts, included low cost cooking oil. Resosudarmo and Yusuf (2009 in press) suggest that election campaign spending has also assisted in cutting poverty levels.
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