Indonesia says distribution of social aid has improved, will help economy


A woman wearing a protective face mask and goggles shops at traditional market, as the coronavirus disease (COVID-19) outbreak continues, in Jakarta, Indonesia, September 23, 2020. REUTERS/Willy Kurniawan

JAKARTA: Indonesia's government said on Friday it has significantly improved the distribution of social assistance to the poor to cushion the impact of the Covid-19 coronavirus pandemic.

Febrio Kacaribu, the head of the finance ministry's fiscal policy office, said surveys by the World Bank showed there has been major improvement in distribution of aid and this would help Southeast Asia's largest economy perform better from the third quarter onwards.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI open lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
Meta projects higher spending, weaker revenue
Property market recovery on the horizon
Buyout proposal for Anglo American could reshape copper market
A test bed for airline subscription model
Pantech seeks to list steel pipe units

Others Also Read