Indonesian Political, Business & Finance News

Weekly Roundup: Civil Servant Holiday Allowances to US Tariff Talks Following Supreme Court Ruling

| Source: ANTARA_ID | Economy
Jakarta (ANTARA) - Various economic developments over the past week remain noteworthy and relevant for review this Sunday morning.

Topics range from the disbursement of holiday allowances (THR) for civil servants (ASN) to continued discussions with the United States following the US Supreme Court's overturning of President Trump's reciprocal tariff policy.

The following is a roundup of selected stories.

**Purbaya: Civil Servant Holiday Allowances to Be Disbursed in First Week of Ramadan**

Finance Minister Purbaya Yudhi Sadewa stated that the 2026 holiday allowances for civil servants, TNI soldiers, and National Police members will begin to be disbursed in the first week of Ramadan.

"[Disbursement of THR will take place in] the first week of fasting," Purbaya said when confirmed by reporters in Jakarta on Wednesday.

**Cooperatives Minister: 1,000 Merah Putih Village Cooperatives Completed**

Cooperatives Minister Ferry Juliantono reported progress on the construction of Merah Putih Village Cooperatives (Kopdes), with 1,000 units completed out of a target of 80,000 units.

Ferry, speaking at a press conference in Jakarta on Wednesday, said that as of February 2026, nearly 20,000 Merah Putih Village Cooperative units were under construction, with average physical progress reaching 20 per cent.

**Bappenas: Post-Disaster Rehabilitation and Reconstruction Costs in Sumatra Reach Rp56.3 Trillion**

The Ministry of National Development Planning (PPN/Bappenas) reported that the total funding requirement for ministry and agency action plans for post-disaster rehabilitation and reconstruction in Aceh, North Sumatra, and West Sumatra amounts to Rp56.3 trillion, covering 2,108 activities over the next three years.

**Prabowo Invites US Businesses to Invest in Indonesia**

President Prabowo Subianto, during a meeting with the US Chamber of Commerce (USCC), US-ASEAN Business Council (USABC), and US-Indonesia Society (USINDO) at the USCC building in Washington DC on Wednesday afternoon local time, invited American businesses to operate and invest in Indonesia.

At the meeting, which was also attended by representatives from the Indonesian Chamber of Commerce and Industry (Kadin) and several ministers and state-owned enterprise executives, President Prabowo highlighted a number of priority programmes currently being implemented by the government, particularly 18 downstream processing projects.

**Following US Supreme Court Ruling, Indonesia Confirms Further Tariff Talks**

The Coordinating Ministry for Economic Affairs confirmed that further discussions with the United States will take place following the US Supreme Court's overturning of President Trump's reciprocal tariff policy.

"There will be further talks between both parties regarding all decisions taken, and Indonesia will continue to prioritise national interests and needs going forward," said Coordinating Ministry for Economic Affairs spokesman Haryo Limanseto in an official statement in Jakarta on Saturday.
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