Economic resilience to total BSU recipients: Yesterday's news roundup

President Prabowo Subianto has stated that the Indonesian economy remains strong in the face of global challenges and has not collapsed as some had previously predicted. During a Plenary Cabinet Session at the State Palace in Jakarta on Monday (20/7), the President said this condition is reflected in various government achievements amid a global situation still marked by conflict and food security challenges. “This month it will collapse, this month it will collapse, this month it will collapse. It turns out that day by day it is getting stronger, day by day it is getting stronger,” said Prabowo.

Minister of Agriculture Andi Amran Sulaiman has prepared 7,000 water pumps to assist farmers in Central Java facing the threat of drought during this year’s dry season. “Pumps and pumping irrigation, help with everything. Do not let Central Java farmers lack pumps and lack water,” said Minister Amran Sulaiman in Brebes on Monday (20/7).

In pursuit of the E20 mandate, the Ministry of Energy and Mineral Resources is opening opportunities for private companies wishing to build ethanol plants, following the mandatory target of blending 20 per cent bioethanol into petrol (E20). “So the private sector is allowed and we strongly encourage them to be able to produce these (bioethanol) plants,” said the Ministry’s Director General of New, Renewable Energy and Energy Conservation, Eniya Listiani Dewi, in Jakarta on Monday (20/7).

The Chairman of the Board of Commissioners of the Indonesia Deposit Insurance Corporation (LPS), Anggito Abimanyu, assessed that the decreasing number of people who do not yet have a bank account indicates that economic activity is continuing to move. Following a Financial System Stability Committee meeting with Commission XI of the Indonesian House of Representatives in Jakarta on Monday, Anggito said the number of residents without an account is currently decreasing.

The Ministry of Manpower stated that recipients of the Wage Subsidy Assistance (BSU) in 2025 have reached 95 per cent of the target of 15 million recipients. “We can realise 95 per cent, and the approximately 5 per cent that is not realised is related to data,” said Minister of Manpower Yassierli in Jakarta on Monday (20/7), during a Working Meeting with Commission IX of the Indonesian House of Representatives.