Inflation Control and Financial Facilities Strategy
Perppu 1/2020 (Converted To Law 2/2020) as A Legal Basis for Government
to Adopt Quick and Extraordinary Steps in Overcoming the Impact of the Covid-19 Pandemic and
National Economic Recovery
PERPPU
1/2020
(31st March 2020)
State Deficit
Budget 1.76% PDB
2020
Perpres Deficit
Extraordinary Government Policy
UU 2/2020
(18th May 2020)
The budget has
54/2020 5.07% GDP been revised twice
Perpres
Deficit
to the latest of
Presidential Decree
72/2020, which has
72/2020 6.34% GDP incorporated the
national economic
recovery initiation
Legal Basis
Perppu 1/2020 concerning State Financial Policy and
Financial System Stability for Handling Covid-19 Pandemic
and/or in the framework of Facing Threats that Harm
National Economy and or Financial System Stability
stipulated into Law 2/2020
Undertaking Strategic Policies
Refocusing and reallocation policies by suspending
non-priority activities, such as official travel and
other activities that cannot be carried out in the
Covid-19 period.
Providing stimulus, both in the form of additional
spending, tax incentives, and government investment
for handling Covid-19 and the National Economic
Recovery
Source: Ministry of Finance
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