Ministry of Finance Sri Mulyani Indrawati is committed to roll out IDR150 trillion as National Economic Recovery (Pemulihan Ekonomi Nasional, “PEN”) stimulus to shield the commercial sectors from COVID-19 wreaking havoc.
The PEN stimulus is stated in Article 11 of Government Regulation in Lieu of Acts (Perpu) Number 1 Year of 2020 on State Financial Measure and State Financial Stability System to Handling COVID-19 Pandemic and focused on micro, small and medium enterprises (UMKMs) vulnerable to economic lockdowns. (Kontan)
Reference:
https://nasional.kontan.co.id/news/pulihkan-ekonomi-nasional-pemerintah-segera-kucurkan-anggaran-rp-150-triliun
