Investor Presentaiton
The National Economic Recovery Program (PEN)
Has Effectively Cushioned The Impact Of The Pandemic
The program continues to offer support for communities during hard times and accelerate the economic recovery
PEN 2020: IDR 575.9tn (realized)
National Economic Recovery Program (PEN) was enacted in response to the Covid-19 pandemic handling and was aimed at
saving lives and supporting the economy
HEALTH SECTOR
IDR62.7tn
SOCIAL PROTECTION
IDR216.6tn
PEN 2021: IDR 658.6tn (realized)
PRIORITY
PROGRAMMES
IDR65.2tn
CORPORATION &
MSMES SUPPORT
IDR173.0tn
BUSINESS INCENTIVES
IDR58.4tn
Initial PEN 2021 figures were lower than 2020, however, due to new developments of the Covid-19 outbreak, particularly on the
delta variant in July, PEN was strengthened for social protection expansion and hospital costs
HEALTH
SECTOR
IDR198.5tn
SOCIAL PROTECTION
IDR171.0tn
PRIORITY
PROGRAMMES
IDR105.4tn
CORPORATION &
MSMES SUPPORT
IDR116.2tn
BUSINESS INCENTIVES
IDR67.7tn
ALLOCATION PEN 2022: IDR 455.6tn (realized*: IDR 52.6tn)
HEALTH
SECTOR
Allocation
IDR 122.5 T
Vaccination Program,
Treatment Cost,
Pandemic Handling, and
Health Worker
incentives.
Realized*
IDR 2.5 T
SOCIAL
PROTECTION
IDR 154.8 T
Social Assistance
Programs, pre-
employment
program, and Job
Loss Support
IDR 45.1 T
ECONOMIC
RECOVERY
IDR 178.3 T
Labor Intensive Program,
Tourism Supports, Food
Security, Industry and IT-
related program, and
Business Incentives and
Supports
IDR 5.1 T
The allocation for Health Sector and
Social Protection will later be adjusted,
following the development of Covid-19
pandemic.
Government is frontloading PEN in Q1
2022 to maintain continuation of
economic recovery from 2021
Source: Ministry of Finance
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