Investor Presentaiton
Perppu 1/2020 (Converted To Law 2/2020) as A Legal Basis for Government
In Taking Quick and Extraordinary Steps in Overcoming the Impact of the Covid-19 Pandemic and
National Economic Recovery
BHINNEKA
PERPPU 1/2020
(31st March 2020)
Extraordinary Government Policy
UU 2/2020
(18th May 2020)
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
State
Deficit
Budget 1.76% PDB
2020
Perpres
54/2020
Perpres
72/2020
Deficit
5.07% GDP
Deficit
6.34% GDP
The budget has been
revised twice to the
latest of Presidential
Decree 72/2020, which
has incorporated the
national economic
recovery initiation
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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