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The Government Prepares Recovery Steps to Protect the National Economy During the COVID-19 Pandemic

The Government Prepares Recovery Steps to Protect the National Economy During the COVID-19 Pandemic

Published At : 4/7/2020 8:30:45 AM

Jakarta, 06/04/2020 Ministry of Finance - National Economic Recovery Program in article 11 Government Regulation in Lieu of Law (Perppu) Number 1 of 2020 is mentioned as a step to protect, maintain and enhance the economic capacity of business people from the real sector and financial sector in running their business during the COVID-19 pandemic. ...

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Government Regulation in Lieu of Law Number 1 of 2020, Financial Sector Stability Committee Legal Umbrella to Mitigating and Maintaining Indonesia's Economic Confidence in COVID-19 Pandemic Situation

Government Regulation in Lieu of Law Number 1 of 2020, Financial Sector Stability Committee Legal Umbrella to Mitigating and Maintaining Indonesia's Economic Confidence in COVID-19 Pandemic Situation

Published At : 4/3/2020 4:43:31 PM

Jakarta, 03/04/2020 Ministry of Finance - Extraordinary conditions COVID-19 requires handling, prevention and mitigation from an unusual financial perspective. ...

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Anticipating COVID-19 Impacts, BI and LPS Authorities are Expanded

Anticipating COVID-19 Impacts, BI and LPS Authorities are Expanded

Published At : 4/2/2020 11:13:19 AM

Jakarta, 02/04/2020 Ministry of Finance - Minister of Finance Sri Mulyani Indrawati as Chairperson of the Financial System Stability Committee (KSSK) in a video conference discussing Government Regulation in Lieu of Law (Perppu) Number 1 of 2020 on State Finance Policy and Financial System Stability, said that in the Perppu extraordinary measures related to policies in the financial sector are also regulated through the expansion of the KSSK's authority, especially for Bank Indonesia (BI), and the Indonesia Deposit Insurance Corporation (LPS). ...

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Financial System Stability Committee Assessment for COVID-19 Situation: Need Extraordinary and Unconventional Policy Responses

Financial System Stability Committee Assessment for COVID-19 Situation: Need Extraordinary and Unconventional Policy Responses

Published At : 4/2/2020 8:36:00 AM

Jakarta, 01/04/2020 Ministry of Finance - Financial System Stability Committee (KSSK) consisting of the Ministry of Finance, Bank Indonesia, the Financial Services Authority (OJK) and Indonesia Deposit Insurance Corporation (LPS) anticipate COVID-19 risk from the economic side especially in the financial markets because this causes tremendous volatility. ...

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