The Jakarta Post-Apr 2

The regulation in lieu of law (Perppu) issued by President Joko “Jokowi” Widodo on Tuesday provides much more than fiscal stimulus for coping with the devastating economic damage inflicted by the COVID -19 pandemic. The regulation grants the government a stronger and broader mandate to increase spending far over the ceiling allowed by the 2020 state budget law, to issue more bonds, to bail out banks and state companies and to restrict foreign exchange transactions by individuals, all without prior approval of the House of Representatives.

Read more at: https://www.thejakartapost.com/academia/2020/04/02/bold-response-to-covid-19.html