Our Financial Columns offer analyses of subjects related to the Indonesian financial markets. Together, these columns - that also have high news value in the current state of the Indonesian economy - intend to provide a clear and detailed picture regarding the structure and performance of these markets.
It is interesting to take a quick look at Indonesia’s national healthcare program (in Indonesian: Jaminan Kesehatan Nasional, JKN) that is managed by the government’s Social Security Agency (BPJS Kesehatan).
Bitcoin has been around since early 2009. Its popularity has increased, and many other similar assets have been launched. You have likely heard of this new class of assets, and you are considering embracing it.
The Energy and Mineral Resources Ministry of Indonesia reported that government spending on energy subsidies in full-2022 reached IDR 157.6 trillion (or approx. USD $10.5 billion), well below the target that was set by the central government for 2022 (namely at IDR 211.1 trillion or approx. USD $14.1 billion). So, this certainly is good news for the government’s budget balance.
Based on a statement made by Indonesian Coordinating Minister for Maritime and Investment Affairs Luhut Panjaitan in late-January 2023, Indonesian President Joko Widodo agreed to a scheme where Indonesians can enjoy an IDR 7 million (approx. USD $475) subsidy when buying a new electric motorcycle. Reportedly, this scheme is to be imposed in February 2023.
