JAKARTA Minister of Finance (Menkeu) Sri Mulyani finally spoke about the phenomenon of termination of employment (PHK) which is now happening a lot in a number of Indonesian companies.
According to him, this cannot be separated from the current global situation which provides a lot of seepages of productive activities in the country.
Due to this condition, the Minister of Finance stated that the government would take action through the use of the state budget in order to reduce its impact on the national economy.
"For APBN's support for various turmoil that has a social impact, the government will provide social assistance that can be specifically, such as increasing wages," he said during a virtual press conference on Thursday, November 3.
The Minister of Finance also promised to continue to carry out state financial calculations that could be channeled into the sector. Moreover, government spending tends to be high ahead of the close of the year in order to pursue the absorption of the remaining APBN.
"Later we will see how much space will be accelerated on the payment of social assistance," he said.
To note, until the end of September 2022, the amount of state expenditure (including transfers to regions) has only reached Rp1,913.9 trillion from the total budget ceiling of Rp3,106.4 trillion.
This means that there are around Rp1,200 trillion in state money that can be used to anticipate mass layoffs that have now begun to emerge.
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