Jakarta, Jan. 26 -- Projected budget allocation for the national economic recovery program (PEN) this year will reach Rp553.09 trillion, or close to the realization of Rp579.78 trillion in 2020, Coordinating Economic Affairs Minister Airlangga Hartarto stated.

"During the last cabinet meeting, plenary session, and at our meetings, the Ministry of Finance has collected data and figures related to allocation for economic recovery in 2021, the amount for which reached Rp553 trillion," he remarked while speaking at a discussion on economic recovery here on Tuesday.

The government has raised the PEN budget allocation, from earlier Rp403.9 trillion, to demonstrate its commitment and support for economic recovery and adeptly handling the COVID...