President Joko Widodo announced on Tuesday, 20 July 2021, that the
Emergency Limitations on Public Movement (PPKM-Darurat) Policy will be extended until 25 July 2021, with a phased reopening of facilities and businesses starting from 26 July.
In a press conference broadcast on the
National Secretariat Youtube Channel, the President stated that an Rp. 55.21 trillion allocations of financial assistance have been put in place, including cash payments, cash social aid (
BST), cash payment to villages (
BLT), family aid (
Quoted by
Balipost.com, the President also announced urgent individual payments of Rp. 1.2 million for around one million small-scale or
“micro-enterprises” (usaha mikro).
President Joko Widodo called on every level of Indonesian society to unite in fighting
At the time of writing the pair is currently trading around 1.2570.
Pound (GBP) Exchange Rates Struggle as Lockdown Extended Until at Least March
The Pound found itself on the back footthis morning as the currency struggled against continuing coronavirus woes for the UK.
Despite coronavirus infections declining across the country, the announcement of a further three weeks in lockdown proved negative for Sterling.
Leading a press conference yesterday evening, Prime Minister Boris Johnson stated that March 8th is the ‘earliest’ children could return to school and hereafter other sectors could begin to make their way out of lockdown.
But many investors are jittery over the start of March return to schooling, with Easter just three weeks after the proposed date will the government extend the lockdown for a further three weeks?