Government Extends Disaster Status
The decision was issued in the form of Presidential Decree (Keppres) RI No.24/2021 regarding the Determination of the Factual Status of the Corona Virus Disease 2019 (Covid-19) Pandemic in Indonesia which was set on December 31, 2021. Meanwhile, the status of the Covid-19 pandemic has been in effect since April 13. 2020 based on Presidential Decree No. 12/2020 concerning the Determination of Non-Natural Disasters for the Spread of Covid-19 as a National Disaster. "Determining the Corona Virus Disease 2019 (Covid-19) pandemic which is a global pandemic according to the World Health Organization's statement is factually still happening and has not ended in Indonesia," the Presidential Decree stated. With the pandemic status, according to the Presidential Decree, the government implements policies in the field of state finances and financial system stability based on three legal foundations, namely: First, Law (UU) No. 2/2020 concerning Stipulation of Government Regulations in Lieu of Law No. 1/2020 concerning State Financial Policy and Financial System Stability for Handling the Covid-19 Pandemic and/or In Facing Threats That Endanger the National Economy and/or Financial System Stability becomes a law; Second, the law that regulates the state revenue and expenditure budget after going through the legislative process with the House of Representatives (DPR) including in the context of approving budget allocations and determining budget deficit limits for handling the Covid-19 pandemic and its impacts, and after receiving consideration from DPR; Third, other related laws and regulations.
|•SOURCE•| Articles :BISNIS INDONESIA | Image :IRU ORG |
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