Indonesia to allocate over 985 million USD for economic recovery

Indonesian President Joko Widodo has agreed to allocate 14.1 trillion rupiah (over 985 million USD) for four new schemes within the framework of the 2022 National Economic Recovery Programme.

Tuesday, January 04, 2022 16:26

Indonesia to allocate over 985 million USD for economic recovery ảnh 1

In Jakarta, Indonesia (Photo: Xinhua)

Hanoi (VNA) – Indonesian PresidentJoko Widodo has agreed to allocate 14.1 trillion rupiah (over 985 million USD) forfour new schemes within the framework of the 2022 National Economic Recovery Programme.

The information was unveiled by Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto at aconference last week.

The newschemes cover a reduction of 3 percent in lending rates to residents in thefirst half of 2022, expansion and acceleration of cash support for vendors, andpreferential added value taxes for housing and luxury sale tax incentives for automobiles.

TheIndonesian Government plans to launch these schemes in the first quarter thisyear before the National Socio-economic Survey begins in April./.

VNA

#Indonesian President Joko Widodo #Vietnamplus #Vietnam News Agency #2022 National Economic Recovery Programme Indonesia

See more

Chinese tourists entering Vietnam through Huu Nghi International Border Gate, Lang Son. (Photo: VNA)

Culture, tourism give wings to China-Vietnam relations: expert

18/04/2025 11:11

In her article posted on the Global Times of China, Liu Xiangyan, associate researcher of the Institute of International Studies at the China Tourism Academy, wrote that with the improvement of transportation networks and enhanced regional cooperation, the two countries have become each other's major markets of tourist sources.

Vietnamese Party General Secretary To Lam (R) receives Party General Secretary and President of China Xi Jinping (Photo: VNA)

Top Chinese leader’s state visit to Vietnam a great success: Chinese foreign ministry

18/04/2025 09:41

Vietnam and China agreed to continue promoting the bilateral friendship, supporting each other in pursuing the socialist path that suits the conditions of each country, enhancing strategic trust to a new level, building a more substantial security cooperation pillar, and utilising opportunities to develop China's new high-quality productive forces and Vietnam's new productive forces to strengthen a broader, more comprehensive cooperative model.

Germany set to deepen ties with ASEAN under new government (Photo: https:chinaobservers.eu)

Germany's new government expected to strengthen ties with ASEAN

18/04/2025 09:13

Germany aims to elevate ties with ASEAN to a Comprehensive Strategic Partnership and launch an annual EU–ASEAN consultation mechanism on economic security, especially in sensitive industries like semiconductors and renewable energy.

Phase II construction of New Capital Nusantarawill be supported by a 48.8 trillion IDR (approximately 2.8 billion USD) allocation from the state budget. (Photo: moderndiplomacy.eu)

Indonesia announces phase II construction of New Capital Nusantara

18/04/2025 05:36

Phase II will be supported by a 48.8 trillion IDR (approximately 2.8 billion USD) allocation from the state budget.

Prime Minister of Singapore Lawrence Wong (Photo: thestar.com.my)

Singapore outlines vision for regional, global cooperation

18/04/2025 04:27

Prime Minister of Singapore Lawrence Wong emphasised that as an open economy, his country must take an active role in managing global commons.

Meratus Geopark in South Kalimantan, Indonesia. (Photo: ANTARA)

UNESCO recognises two new global geoparks in Indonesia

18/04/2025 02:19

With this latest recognition, Indonesia now has 12 geoparks listed in the UNESCO Global Geoparks Network.

Malaysian Prime Minister Anwar Ibrahim and Chinese top leader Xi Jinping witnessed the exchange of 31 memoranda of understanding (MOUs) and documents covering various sectors of cooperation between the two countries, including trade services, digital economy, artificial intelligence (AI), and tourism. (Photo: XINHUA/VNA)

Malaysia, China exchange 31 agreements on multifaceted cooperation

18/04/2025 01:05

A highlight was the MoU between the Malaysian government and China’s Xinhua News Agency in the field of news and information. Through this MoU, national public broadcaster RTM and Xinhua will collaborate on joint media activities.

China willing to sign ASEAN-China Free Trade Upgrade Protocol

17/04/2025 23:21

China stands ready to sign the ASEAN-China Free Trade Upgrade Protocol with regional countries as early as possible.

Vessel HONG TAI 16 (Photo: marinetraffic.com)

Ship capsizes off Philippine coast, multiple dead, missing

17/04/2025 19:53

The Philippine Coast Guard (PCG) reported on April 17 that a vessel capsized off the coast of Occidental Mindoro province in the Philippines' western part, leaving at least four dead and seven others missing.

Vietnam-China economic and trade ties are expected to rise to a new level. (Illustrative photo: VNA)

Vietnam-China trade poised for new heights

16/04/2025 16:45

Bilateral business relations have witnessed remarkable progress, especially in recent years, with Vietnam introducing key national strategies such as the National Green Growth Strategy for 2021-2030, vision towards 2050; the National Strategy on R&D and Application of Artificial Intelligence; and the National Strategy for 4th Industrial Revolution.

Professor Xu Liping, Director of the Centre for Southeast Asian Studies at the Chinese Academy of Social Sciences. (Photo: VNA)

Vietnam visit by China’s top leader exceeds expectations: Chinese scholar

16/04/2025 12:03

Xu noted that it marked Xi’s fourth trip to Vietnam in his capacity as China’s top leader, and his second during the tenures of the 13th National Congress of the Communist Party of Vietnam and the 20th National Congress of the Communist Party of China.

Singapore will elect 97 MPs in 33 constituencies – 18 group representation constituencies and 15 single seats. (Photo: The Straits Times)

Singapore to hold general election on May 3

16/04/2025 08:12

The upcoming election could feature candidates from 11 parties, including two opposition alliances.

Chinese President Xi Jinping (Photo: XINHUA/VNA)

China supports ASEAN's centrality in regional architecture

16/04/2025 07:01

Chinese President Xi Jinping affirmed that China firmly supports the ASEAN unity and community building, and supports the bloc's centrality in the regional architecture.

Hyundai Motor presents action plans for waste-to- hydrogen ecosystem in Indonesia

16/04/2025 04:12

The project aims to convert organic waste into clean hydrogen, establishing a circular hydrogen economy in the region.

Party General Secretary To Lam (right) and General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping (Photo: VNA)

Chinese newspaper: Building China-Vietnam community with shared future holds great global significance

15/04/2025 19:53

According to China’s Global Times, neighbouring countries are China's priority in its diplomacy, and China always gives Vietnam a high priority in its neighbourhood diplomacy. Likewise, Vietnam has always regarded the development of relations with China as a consistent stand and a top priority in its foreign policy