Human Rights Measure

Human Rights
Human Rights

Implementation of the National Economic Recovery Program in Framework Supporting State Financial Policy for Management of the Coronavirus Disease Pandemic 2019 (COVID-19)

Date Enacted: May 2020
Country: Indonesia

Government regulation 23 forms the basis for the National Economic Recovery program (PEN) which is made up of “a series of activities towards recovery of the national economy which is part of the state’s financial policy implemented by the Government to accelerate handling the COVID 19 pandemic.” The program “aims to protect, maintain, and improve the economic capacity of business actors in running their business.” Additionally, the program aims to “maintain and prevent business activities from further deterioration, reducing more and more termination of employment by providing credit interest subsidies for micro, small and medium enterprise debtors who are affected, accelerate the recovery of the national economy, as well as to support state financial policy.”