EN ID
PEN & IP PEN

The National Economic Recovery (PEN) Program is one of the many series of measures implemented by the Government in response to Covid-19 and its economic impact.

Apart from handling the health crisis, the PEN program aims to revitalize the economy by providing aid to affected communities. The implementation of the PEN program is regulated in Government Regulation of the Republic of Indonesia Number 23 of 2020 (PP 23/2020)

PEN & IP PEN Program
PEN & IP PEN

PEN Program Goals

The PEN program is an initiative to protect, preserve, and support the economic capacity of businesses in the face of Covid-19.

Where’s the PEN Program Capital From?

 

State Expenditure

among others, to subsidize MSME interest through financial institutions.

Placement of Funds

for banks affected by restructuring.

Guarantee

for working capital loans.

State Equity Participation

for SOEs whose capital is affected and special assignments.

Government Investment

for working capital.

 

PEN Program Launched to Stimulate the Business Sectors, including:

 

MSMEs

Support to MSMEs is provided through:

Corporation

Support to Corporation is provided through:

SOEs



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