Day: June 17, 2021

WB suggests four policies to facilitate Indonesia’s crisis recovery

Jakarta (ANTARA) – The World Bank, through the Indonesia Economic Prospects (IEP) report titled “Boosting The Recovery,” has put forward four policies to boost recovery to enable Indonesia to recover from the impact of the COVID-19 pandemic crisis. “We will discuss priority policies,” World Bank Country Director for Indonesia and

Indonesia explores investment cooperation with Saudi Arabia

Jakarta (ANTARA) – Indonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan held a virtual meeting with Saudi Investment Minister Khalid Al-Falih on Wednesday to discuss investment and economic cooperation between both nations. In a written statement released on Thursday, Pandjaitan lauded the meeting that had yielded several cooperation

Minister plans Saudi visit for 2022 Hajj pilgrimage-related discussion

Jakarta (ANTARA) – Religious Affairs Minister Yaqut Cholil Qoumas plans to visit Saudi Arabia at the end of August to discuss the implementation of the 2022 Hajj, so that preparations can be made at the earliest. “We will go there as soon as we get permission from the Saudi Arabian

Bogor allots Rp900 million of budget for rice farming insurance

Cibinong, Bogor, W Java (ANTARA) – Bogor District in West Java has apportioned Rp900 million of the regional budget for rice farming insurance in 2021. “The farming insurance card is a synergy program with the Agriculture Ministry, wherein Bogor District has allocated Rp900 of the insurance fund for 25 thousand

APEC’s structural reform to bolster resilience against future shocks

Jakarta (ANTARA) – Structural reform drew major attention, as ministers and economic officials from 21 APEC member economies convened virtually on Wednesday to advance sustainable and resilient recovery from the pandemic by reviving APEC’s structural reform agenda. The virtual convention was chaired by New Zealand Minister of Commerce and Consumer

Eye on economic recovery, BI holds benchmark rate at 3.5%

Jakarta (ANTARA) – During a meeting on Thursday, Bank Indonesia’s board of governors decided to leave the BI Seven-Day Reverse Repo Rate (BI7DRRR) unchanged at a record low of 3.5 percent. “The decision is consistent with the low inflation forecast and efforts to maintain the rupiah’s stable exchange rate and