JAKARTA - The Ministry of State-Owned Enterprises (SOEs) made a number of policies for SOEs to deal with the impact of the COVID-19 outbreak, including reducing capital expenditure (CapEx) and operational expenditure (OpEx). This was stated in the minutes of the Joint Working Meeting between Commission VI, VII, and IX of the House of Representatives, ministries, and state institutions on Tuesday (5/5).
In the minutes of the meeting received by idnfinancials.com on Wednesday (6/5), SOE Minister Erick Thorir has instructed SOEs to reduce CapEx and OpEx to support the government's efforts to fight COVID-19.
In the meeting chaired by Sugeng Suparwoto, Chairman of Commission VII, it was revealed that the Ministry of SOEs also announced that the directors and commissioners of SOEs will not receive holiday allowance (THR) in 2020. The THR budget was allocated for humanitarian activities related to the outbreak. The ministry also provided stimulus to the Partnership and Community Development Program (PKBL) affected by COVID-19. (LK/AR)