Day: April 1, 2020

Two years following the enactment of Law Number 4 of 2016 on Public Housing Savings (“Law 4/2016”) in 2016, on 20 May 2020 Indonesian government at last enacted Government Regulation Number 25 of 2020 (“GR 25/2020”) as the implementing regulation for public housing savings (Tabungan Perumahan Rakyat/ “Tapera”). Tapera is implemented for the purpose of…

Introduction Over the past few weeks, global economic growth has been significantly affected due to Covid-19 pandemic, so does Indonesia. As of 13 April 2020, the Indonesian government has effectively declare Covid-19 as national disaster pursuant to Presidential Decree Number 12 of 2020. Throughout these past few months, in response of such global emergency, Indonesian…