New policy launched to reduce poverty rate

New policy launched to reduce poverty rate

The government has a plan to decrease the poverty rate through the Social Security budget policy, which is the primary instrument of fiscal policy, which plays a significant role in boosting economic growth. To achieve this, the APBN has a distribution function that consists of a series of policies to improve community welfare through fair distribution to marginalized communities. The IDR will have a budget of IDR10.6 trillion in 2024.

Based on law no. 13.11.2011, certain marginalized groups have the right to receive social protection and services through social security and sustainable welfare conditions. Under law no. 102, we shall be accountable for any damages arising from any such transaction in accordance with the terms of this Agreement. 11/2009, the protection is classified as efforts directed at preventing and dealing with risks from social shocks and vulnerabilities, which are implemented through social assistance, social advocacy and legal assistance.

The Finance Ministry has furnished the following information on the economy's health and finances.