The Center for Indonesian Policy Studies (CIPS) has stated that Indonesian banks are now stronger in facing global pressure compared to the conditions in 1998.
Indonesian banks stronger in facing global pressure: CIPS 04 January, 2019 | Source: Antara News The Center for Indonesian Policy Studies (CIPS) has stated that Indonesian banks are now stronger in facing global pressure compared to the conditions in 1998. "There are concerns that the 1998 economic crisis will reoccur as the Rupiah fell in value against the US dollar," Executive Director of The Center for Indonesian Policy Studies (CIPS) Rainer Heufers said here on Thursday.
The Indonesian government has ensured that people in the age group of over 18 years will receive the COVID-19 vaccine to expand vaccination coverage to 70 percent across Indonesia.
The Indonesian government plans to issue savings sukuk (Islamic bonds), series ST007, to expand the base of retail investors in the domestic financial market and finance green projects in the state budget (APBN).
President Joko Widodo recently signed a regulation specifying the procurement and immunization schedule for the COVID-19 vaccine for Indonesia, which has been battling the deadly disease since March 2 this year.
President Joko Widodo on Wednesday said the coronavirus pandemic has reminded the nation and the state of the importance of science and technology.
Indonesian Foreign Affairs Minister Retno Marsudi offered her condolences and sympathies to the families of the victims of the explosion that rocked Beirut in Lebanon on Tuesday evening.
Indonesia is working with South Korea to develop a vaccine for the novel coronavirus disease, in addition to collaborating with China.
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