OJK’s Stimulus Surrounding the Economic Slowdown due to COVID-19 Outbreak
The trade market is apparently heading to a downfall because of the COVID-19 outbreak. Indonesian central bank has recorded an outflow of IDR 140,000,000,000,000 (one hundred forty trillion Indonesian rupiah) of foreign capitals from the beginning of 2020. In fact, the current economic condition nationwide is struggling to sustain amidst the pandemic.
In the attempt to stabilize the market, the Financial Services Authority (Otoritas Jasa Keuangan/ “OJK”) promulgated 2 (two) stimuluses to date as elaborated at the infographic above, or you can click the link below.