2021 state budget to include extra spending for COVID-19 mitigation

first_imgTopics : The International Monetary Fund (IMF) projected that the country’s unemployment rate will rise to 7.5 percent this year from 5.3 percent in 2019, as the pandemic upends supply chains and forces companies to lay off employees, while also crushing demand for goods as consumers stay at home.Given the situation, senior economist Chatib Basri said the government should design a different kind of social safety net that could protect those who were vulnerable to the impacts, particularly those in the lower to middle class.“The government should not only focus on giving a social safety net to those below the poverty line. They should also focus on the people in the lower-middle class who lost their jobs because of the pandemic,” he said. The Health Ministry has approved large-scale social restriction (PSBB) policies for at least 16 cities and regencies across Indonesia in order to curb the spread of the pneumonia-like illness. As a result, citizens are forced to stay at home, with some left without pay or even losing their jobs altogether.He suggested that the government utilize its newly launched preemployment card program to determine which of those people needed a social safety net, as well as focus on disbursing cash transfers and other social aid to people in urban areas.“Urban areas are feeling the hardest impact of this pandemic and around 55 percent of the population lives there, making food demand higher in those areas,” he said.As the impact of the COVID-19 pandemic would be more severe than any other crisis that has hit Indonesia in the past,  Chatib warned that the government should be more careful in stimulating the economy. The government will allocate another financial package for the handling of the COVID-19 pandemic in the 2021 state budget, which is currently being drafted by the Finance Ministry.Finance Ministry budgeting director general Askolani said on Tuesday that spending on the handling of COVID-19 next year would be the continuation of the government’s extra-spending allocated this year.“The program to cope with the impact of COVID-19  is not only intended for this year but also for 2021 and 2022. So, more spending for COVID-19 will also be included in the 2021 state budget,” he said during a teleconference.center_img President Joko “Jokowi” Widodo issued a regulation in lieu of law (Perppu) on March 31 that would enable the government to widen the state budget deficit threshold to about 5 percent of the GDP from 3 percent at present. With the higher deficit threshold, the government could increase its expenditure to cope with the impacts of COVID-19.As earlier reported, the government has allocated extra spending of Rp 405.1 trillion (US$24.6 billion) for the handling of the COVID-19 pandemic. Of the total funds, about Rp 75 trillion will be spent on the health sector, Rp 110 trillion on social protection, Rp 70 trillion on tax incentives and Rp 150 trillion on the economic recovery program.The impacts of ongoing COVID-19 emergency measures, such as the partial lockdown imposed by the government to halt the disease’s spread, has crippled almost all sectors of the economy. In response, the government has cut down its GDP growth estimate to 2.3 percent this year, the lowest in 21 years, from the initial estimate of 5.3 percent. In the worst-case scenario, the country’s GDP growth may decline to 0.4 percent.The government has also estimated that up to 3.78 million Indonesians would fall into poverty and 5.2 million lose their jobs.last_img read more

Ski Cup ”Silver Fox” begins next weekend

first_imgSki Cup “Silver Fox” which is organized within the official calendar of competitions of the Ski Federation of B&H, will be held next weekend on Bjelašnica.Ski Cup ”Silver Fox” is very important for development and promotion of alpine skiing in B&H because it enables young skiers to acquire experience. This contributes to their further ski development. The organizers of this competition are expecting 230 competitors from B&H and the region.last_img

LBCC’s fast start continues

first_imgThe Long Beach City College women’s basketball team began its preconference schedule in impressive fashion, winning 10 of its first 17 games. South Coast Conference divisional play has begun in a similar way. Led by 23 points from freshman guard Christina Edwards, the visiting Vikings topped El Camino 54-49 on Friday to improve to 2-0 in SCC South play. Freshman point guard Amber Thomas added 18 points and freshman forward Tiana Whitaker had nine rebounds. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card Jaquata Chatman sank a 3-point basket with 1:02 left and those proved to be the game’s final points as the Cougars (20-4, 2-1) beat the visiting Falcons (12-14, 1-1) in a South Coast Conference game. Maltresa Neely led Cerritos with 22 points and had 11 rebounds. The Falcons also got 10 points from Anna Conrad and 11 rebounds from Eboni Echols. Cerritos led 33-26 at halftime and 62-58 in the late going before falling short. The Cougars were led by Brittany Sheppard with 17 points, and Tyniqua Richard added 16. Cypress 83, Saddleback 24 Marinna Figueroa led four Chargers in double figures with 15 points as Cypress (18-5, 4-2) beat visiting Saddleback (3-19, 0-6) in Orange Empire Conference play. MEN’S BASKETBALL Long Beach City 72, El Camino 58 Pearson Smith scored 20 points to lead the Vikings (12-13, 2-0) to a South Coast Conference South Division victory at El Camino (4-18, 0-2). Long Beach State-bound Chris Fields had 18 points, while Chris Hart contributed 16 points for LBCC, which will host Cerritos on Wednesday at 7:30 p.m. Cerritos 85, L.A. Southwest 77 Aaron Thompson scored 17 points and Brandon Nevens and Brian Tollette scored 14 points each to lead five Falcons in double figures as the visiting Falcons (14-11, 2-0) beat the Cougars (8-14, 2-1) in a South Coast Conference game. In winning their eighth consecutive game, the Falcons also got 13 points from Alex Nixon and 10 points from Brandon Ivery. L.A. Southwest was paced by Brandon Turner with 17 points. Saddleback 63, Cypress 62 Houstan Downey scored 17 points and Brandon Void and Eric Taylor each added 12 for the Chargers (11-12, 0-5), but visiting Saddleback (18-5, 3-3) prevailed in Orange Empire Conference play. WOMEN’S TENNIS USC 6, Long Beach State 1 The 49ers won one singles match and one doubles match, but fell in their season opener at USC. Rachael Porsz posted the Long Beach State singles victory, beating Whitney Peterson at No. 6 singles, 3-6, 6-3, 6-4. LBSU’s Hannah Grady pushed USC’s Lindsey Nelson at No. 1 singles, with Nelson prevailing, 3-6, 7-6, 10-5. In doubles, Grady and Jessica Weeks beat Amanda Fink and Carine Vermeulen, 8-5, but the 49ers lost the other two doubles matchups as the Trojans won the doubles point. The 49ers will play at Pepperdine on Jan. 28. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img LBCC hosts Cerritos at 5:30 p.m. Wednesday. L.A. Southwest 63, Cerritos 62 last_img read more

Infinix is set to launch a new smartphone in India on August 23

first_imgInfinix recently launched an entry-level smartphone called the Smart 2 in India. Looks like, the company is no mood to stop just there. Infinix is now sending out a media invite to launch a new smartphone in the country on August 23. There’s, however, no word on the name of the upcoming Infinix phone or even its features or specifications. The image attached to the invite, however, hints at a tall display.According to the image, the upcoming Infinix smartphone is seen towering above tall buildings in the background in a night skyline. This suggests that the new Infinix phone will come with a big display. Alongside the August 23 launch date, the Infinix media invite is asking to “save the date” followed by the hashtag #beyondthebest.Now that 6-inch display with 18:9 aspect ratio has become the new common, we can expect the upcoming Infinix phone to either sport the same specs or even more. The image which shows the silhouette of the phone hints that the upcoming Infinix handset will come with minimal bezels. The image further reveals that the upcoming Infinix phone will not sport a notch on top of the display. The top bezel looks thicker than the side ones.Infinix recently launched the Smart 2 which is an entry-level phone and is looking to compete with Redmi 5A. The Infinx Smart 2 comes with a 5.45-inch HD+ LCD display with 720 x1440p resolution, aspect ratio 18:9 and an 83 per cent screen-to-body ratio. On the hardware front, the Infinix Smart 2 is powered by a quad-core MediaTek MT6739 chipset clocked at 1.5GHz. The smartphone comes in two variants – the base model with 2GB RAM + 16GB storage which costs Rs 5,999, while the top-end model with 3GB RAM + 32GB storage version sells for Rs 6,999.advertisementALSO READ: HMD Global set to launch most awaited phone on Aug 21 as Flipkart-exclusive, Nokia 6.1 Plus expectedOn the camera front, the Infinix Smart 2 comes with a 13-megapixel sensor coupled with a f/2.0 aperture on the rear panel. On the front, the smartphone includes an 8-megapixel sensor with a f/2.0 aperture and dual LED flash. On the software front, the Infinix Smart 2 runs Android 8.1 Oreo with a custom user interface called XOS 3.3.0 out-of-the-box. The phone is backed by a 3050mAh battery, which, according to Infinix, delivers 21 hours of 4G talk time, 81 hours of music playback time, and 21 days of standby time.last_img read more