This Is Not About Money
Sunday, July 4, 2021
The explosion of new Covid-19 cases in the past month will see the increase in health care expenditure, mainly to purchase 400 million doses of vaccines and for patient treatment. The emergency has compelled Finance Minister Sri Mulyani Indrawati to recalculate the budget as the health ministry increased its budget from Rp172 trillion to around Rp185 trillion. Having experienced in dealing with the 1997-1998 and 2008 financial crises, Sri Mulyani says the Covid-19 presents challenges that are starkly different from those of the previous economic calamities.
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FINANCE Minister Sri Mulyani Indrawati has her work cut out for her following the sharp increase in the number of Covid-19 cases in the past month. She now has to recalculate the state fund as the health care spending is bound to rise. The health ministry, for example, has increased the budget from Rp172 trillion to around Rp185 trillion. “The spending is primarily for the purchase of 400 million doses vaccines and for patient treatment,&rd
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