Government Measures to Mitigate Covid-19 Risk slide image

Government Measures to Mitigate Covid-19 Risk

STATE BUDGET SUPPORTS THE 2020 ECONOMY THROUGH GOVERNMENT CONSUMPTION, HOUSEHOLD CONSUMPTION, AND PUBLIC INVESTMENT THE ROLE OF GOVERNMENT EXPENDITURE IN PROMOTING ECONOMIC RECOVERY Initial Realization 2020 State Budget Expenditure National Economic Recovery (PEN) IDR2,589.9 T (94.55%) IDR579.78 T (83.4%) Health Social Assistance Support for MSMES IDR63.5 T IDR220.4 T IDR112.4 T Business Incentives IDR56.1 T Sectoral and Local Government IDR66.6 T Support Corporate Financing IDR60.7 T Deficit 6.09% of GDP Expansion of social protection spending in cash includes PKH, incentives for pre-employment card, cash social assistance, and groceries Government consumption expenditure includes MSME support, personnel expenditure, operational goods expenditure, and government assistance Government capital expenditures include building health facilities, procurement of PSN land, procurement of defense and security equipment, construction of irrigation Household Consumption Continues to Strengthen Government Consumption Grows Positively Public Investment remains promoted 67
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