Indonesia increases budget for economic recovery to over 44 billion US

Indonesian Finance Minister Mulyani Indrawati (Source: Antaranews)

 Jakarta (VNA) – Indonesian Finance Minister Mulyani Indrawati said the country will spend 619 trillion rupiahs (44.2 billion USD) on implementing the national economic recovery programme (PEN) this year, a much higher number than the figure announced previously.

At a recent investment forum, the official noted the package will be channeled into healthcare, social welfare, prioritised programmes, and supporting micro, small and medium enterprises (MSME) and state-owned firms.

The health sector is set to receive 104.7 trillion rupiahs for conducting COVID-19 vaccination, building facilities, and paying for treatment costs, among others.

A total of 150.96 trillion rupiahs are earmarked for social welfare services, while prioritised programmes, which receives 141.36 trillion rupiahs, include those on recovering tourism, ensuring food security, and developing information and communications work, among others.

Earlier, the Indonesia Government decided to pour 372.3 trillion rupiahs on PEN in 2021./.

VNA