A 5.8-magnitude earthquake jolted the southern part of Buru island, Indonesia's eastern province of Maluku on June 9, the Meteorology, Climatology and Geophysics Agency (BMKG) said.
Restaurants, shops and transport services resumed in Jakarta capital city of Indonesia on June 8, as restrictions were eased further though COVID-19 infections in the country still increased.
The Indonesian government is planning to issue Samurai and Eurobond bonds in the second half of 2020 to fund the fiscal deficit, according to a finance ministry official.
The Indonesian government has pushed back the deadline to achieve its import reduction target by a year as the COVID-19 pandemic has affected productivity and demand of industries.
Indonesia on June 6 reported a record daily jump in COVID-19 cases within 24 hours with 993 infections, bringing the national tally to 30,514, said the Ministry of Health.
Secretary General of the Association of Housing Development of Indonesia (Peurmahan) Daniel Djumali has announced that revenue in the country’s real estate market this year has slumped by 70 percent year-on-year due to the COVID-19 pandemic.
The Indonesian Government widened the state budget deficit to 6.34 percent of the gross domestic product (GDP), or 1,039.2 trillion IDR (73.28 billion USD), in the revised state budget 2020, from earlier 5.07 percent, or 852.9 trillion IDR.
The Indonesian government has decided to spend 52.5 trillion Rp (about 3.7 billion USD) to help 12 state-owned enterprises (SOEs) resume their post-pandemic operations, towards reviving the national economy, said Finance Minister Sri Mulyani on June 3.