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Judul Govt to disburse cash transfers for workers to bolster spending
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cash-transfers-for-workers-to-bolster-spending.html
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Narasumber

neutral - Chatib Basri (Former Finance Minister) The government needs to bolster consumer
demand by providing cash transfers for lower to middle-income citizens, which in turn will boost
the supply side of the economy.

Ringkasan

The government will start to disburse Rp 2.4 million (US$163) in cash aid for workers starting
on Thursday as part of its latest measure to boost spending reeling from COVID-19, President
Joko "Jokowi" Widodo has announced. The first phase of the program would see the government
disburse cash transfers for 2.5 million workers, said Manpower Minister Ida Fauziyah, adding
that BPJS Ketenagakerjaan had so far verified the data of 10.8 million workers or 69 percent of
the target.

GOVT TO DISBURSE CASH TRANSFERS FOR WORKERS TO BOLSTER SPENDING

The government will start to disburse Rp 2.4 million (US$163) in cash aid for workers starting
on Thursday as part of its latest measure to boost spending reeling from COVID-19, President
Joko "Jokowi" Widodo has announced.

The pandemic has lowered the income of all kinds of businesses, from small to medium-sized to
large, he said.

"We are hoping that household spending may increase after this," Jokowi said during the launch
of the program. "I think this is a complete [package] that will be given to honorary workers,
firefighters, hotel employees, medical workers or anyone that paid their premium to BPJS
Ketenagakerjaan [Workers Social Security Agency]." Some 15.7 million workers with a salary
below Rp 5 million and are registered with BPJS Ketenagakerjaan will receive Rp 600,000 in
monthly assistance over four months. The government has allocated Rp 37.7 trillion from the
state budget for the program.

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