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The Indonesian Update — Volume XIV, No.1- January 2020 (English Version)

The 2020 January edition of the Indonesian Update raises a main report on  the floods that hit Jakarta, Bogor, Depok, Tangerang, Bekasi (Jabodetabek) on 1 January 2020.  Vulnerability to the physical and psychosocial health impacts of floods requires appropriate coping strategies by stakeholders.

In the economic field, this edition of the Indonesian Update discusses monetary policy that responds to global uncertainty due to the escalation of trade conflicts that continue and are increasingly widespread. Trimming the benchmark interest rate has not yet been responded   by national banks. As a result, the dichotomy between the monetary sector and the real sector will always occur. The benchmark interest rate has dropped, but the real sector remains motionless. In addition, we also discuss the 2019 State Budget (APBN), which has received the attention of many parties. The 2019 state budget has again experienced a shortfall. As a result, shortfalls also occur in taxes and have implications for a budget deficit.

In the field of law, we discuss the Jiwasraya scandal. This scandal has caused state losses due to a case of default involving an insurance company, a State-Owned Enterprise (BUMN), PT Asuransi Jiwasraya (Persero). The amount of losses touched a level of Rp. 13.7 trillion as of August 2019, surpassing other BUMN cases. In addition, we also discuss the dual positions and professions of the Chairperson of the KPK. Another topic that is no less interesting is the customary law and the context of the Criminal Code Bill.

In the political field, the Indonesian Update discusses the Natuna dispute between Indonesia and China in terms of domestic and foreign politics. In addition, we discuss President Joko Widodo’s plan to simplify the bureaucracy by trimming the echelons. Still about the floods, from a political aspect, we also discuss the Jakarta flood talks on social media.

In the social field, the Indonesian Update raises the increase in BPJS Health contributions, which must be followed by improvements in BPJS Health internally. This is very important to do because the key to improving the implementation of the Health BPJS can only occur if there is an internal and proper restructuring of the BPJS Health.

The monthly publication of the Indonesian Update with actual themes is expected to help policymakers in government and business institutions – as well as academics, think tanks, and elements of civil society, both domestic and foreign, to obtain actual information and contextual analysis of economic conditions, politics, social, and law in Indonesia, as well as an understanding of public policy in Indonesia.

Happy reading     

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