Indonesia’ minister of finance, Sri Mulyani Indrawati commented, that ADB’ support will help the government to mitigate the devastating impact of COVID-19. As known, the country has widened 2020 State Budget deficit to curb the Southeast Asia biggest economy from the epidemic.
To finances the deficit with total amount Rp852.9 trillion (US$55.03 billion) or 5.07 percent of total gross domestic products (GDP). And the deficit may widen slightly, by another Rp12.2 trillion, if Indonesian crude price averages $30.90 a barrel. Around Rp400 trillion will use to tackle the COVID-19 impact to the society through various schemes has been prepared by the government.