Inflation Control and Financial Facilities Strategy
National Economic Recovery Program (PEN) Realisation
Acceleration of Realization and Implementation of the COVID-19 Relief Package
Budget
IDR 695.2 Tn
PEN Realization as of 18 th Nov 2020 (%)
Health
Social Protection
Sectoral and
Regional Gov't
Business
Incentives
Support for
Corporate
MSME
Financing*
Realization
37.1%
82.2%
53.6%
37.2%
84.1%
3.2%
IDR 408.66 Tn
(58.8% of budget)
Trend of PEN Fund Absorption (IDR tn)
Monthly
Growth
31.9
%
366.62
318.48
A 48.15
A 42.03
T
T
A 193.85
T
124.62
1st Semester
Source: Ministry of Finance
408.66
03
Q3
October
18-Nov
*Provision of this program
is based on necessary
circumstances
■ Despite just starting in April, the absorption of
National Economic Recovery (PEN) has reached
58.8%The realization
■ PEN program has experienced a significant
acceleration during August and September 2020.
■The social protection and support for MSME
realization have been effectively executed.
■The government will accelerate the PEN progress to
reach 100% realization.
The PEN program drives the accelerated government
spending in Q4.View entire presentation