Continuing To Increase, Coordinating Minister Airlangga Says PEN Realization Reaches Rp305 Trillion

Coordinating Minister for the Economy Airlangga Hartarto (ANTARA/Ho Coordinating Ministry for the Economy)

JAKARTA - The government has decided to extend the implementation of community activity restrictions (PPKM) level 4 until August 9, 2021.

In line with the extension of this tightening, the national economic recovery program (PEN) also continues to be accelerated until it has reached more than Rp. 305 trillion. Coordinating Minister for Economic Affairs Airlangga Hartarto conveyed an update on the realization of PEN. Until the end of July 2021, he said, 41 percent of the total budget had been absorbed. "For economic recovery, the realization until July reached Rp. 305.5 trillion or 41 percent of the total Rp. 744.75 trillion," he said in a virtual press conference. , Monday, August 2. There are also details based on clusters, namely in the health sector, Rp. 65.55 trillion has been absorbed. Then the realization of the health cluster reached Rp. 91.84 trillion out of a total of Rp. 186.64 trillion.

Furthermore, the support of MSMEs and corporations has been absorbed by IDR 52.43 trillion from the total budget of IDR 162.4 trillion. The realization priority cluster is IDR 47 trillion from the total ceiling of IDR 117.94 trillion. Then, for business incentives, the realization is Rp. 43.35 trillion out of a total of Rp. 62.83 trillion. Airlangga stated that the absorption of this budget will continue to be accelerated as PPKM is still ongoing. He said, the government continues to consider health aspects, including socio-economic. "To reduce the burden on society, the government encourages social assistance," he said.

Especially for social assistance, said Airlangga, assistance for MSMEs to street vendors of IDR 1.2 million for 1 million recipients is still in the finalization stage. While the Family Hope Program until July 2021 has realized Rp5.15 trillion for 7.44 million KPM. Then the Sembako Card has realized Rp9.4 trillion for 15.67 million KPM. BLT has been distributed Rp1.48 trillion for 2.18 million KPM. "Wage subsidy assistance has started to run and the Banpres for Micro Business Production has been launched by the President last July 30," he said.