Dream - The government will distribute El-Nino Cash Direct Assistance (BLT) worth IDR 400 thousand to 18.8 million beneficiary families (KPM) this week.
The Minister of Finance (Menkeu), Sri Mulyani Indrawati, stated that the assistance worth Rp200,000 per month for November until December 2023 will be distributed at once and become Rp400,000.
"In November - December, the disbursement is transferred directly once, so it is directly Rp400 thousand for 18.8 million KPM for 2 months at once."
Sri Mulyani said in a press conference at the Ministry of Economy, quoted from Merdeka.com, Tuesday, November 7, 2023.
The process of budget disbursement itself is targeted to be completed this week. Sri Mulyani mentioned that the El Nino BLT program of Rp400,000 consumes a budget of Rp7.5 trillion. "The letter from Bu Mensos has been delivered, so the process for the budget can be executed this week," she said.
"In terms of distribution, it will be executed by the Ministry of Social Affairs. As for the determination of 18.8 million KPM recipients of El-Nino BLT Rp400,000, it is in accordance with the data registered in the Ministry of Social Affairs."
"Why 18.8 million KPM? This is the existing data by name, by address, by account number from Bu Mensos' place,""
kata Sri Mulyani.
"dream.co.id."
As for the provision of El-Nino BLT Rp400,000, it aims to protect the purchasing power of the community due to El-Nino. Therefore, it is expected that the consumption of the community will continue to grow above 5 percent in the fourth quarter of 2023.
"The El Nino has reduced the purchasing power of the community as seen from the outlook growth side, even though our community consumption is still growing by 5 percent. We hope it will remain maintained, even above 5 percent."
"ungkap Sri Mulyani." translates to "revealed Sri Mulyani."
Former Executive Director of the World Bank emphasized that maintaining the purchasing power of the community is crucial. Therefore, they provide BLT, just like during the Covid-19 pandemic, where people cannot sell due to mobility restrictions. "We provide this BLT because of the El Nino trigger to 18.8 million. Why 18.8 million? Because we already have the names and account numbers of the recipients of our basic necessities," said Sri Mulyani at the APBN KiTa event in Jakarta last October.
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