Indonesia has been refocusing its state spending to fund the fight against the COVID-19 pandemic with a cash-strapped budget. The government has allocated Rp 405 trillion (US$25.79 billion) of funding for the pandemic budget, causing state spending to increase by nearly 3 percent to Rp 2.6 quadrillion while revenue is expected to slump by 21 percent to Rp 1.7 quadrillion.Luhut expected the privately funded projects could continue their development and absorb workers while contributing to the country’s foreign exchange reserves.A project included in the PSN list will be granted an easier licensing process and accelerated land procurement, as well as government guarantees on any political risks.Septian Hario Seto, the Office of the Coordinating Maritime Affairs and Investment Minister’s acting deputy head for investment coordination and mining, said that two of the proposed 11 new projects were an industrial zone and an industrial park. The Obi Island Industrial Zone in South Halmahera regency, North Maluku, he said, had almost 2,000 workers and it already had a phase-two rotary kiln-electric furnace (RKEF) smelter for ferronickel production with an estimated investment of $800 million.“The significant development [in the industrial zone] will be the high-pressure acid leaching [HPAL] smelter construction, which will be completed in the third quarter of 2020,” he said, adding that the investment for the smelter was estimated at $1 billion.The HPAL smelter produces material for lithium batteries, cobalt sulfate and nickel sulfate.Septian went on to say that the second suggested project for the PSN was the Weda Bay Industrial Park project, where a smelter operation was halted due to the coronavirus outbreak. The plan for its 2020 investment was around $4 billion to $5 billion while exports were estimated to reach at least $2 billion by 2024.The other nine projects are six smelter projects, one coal-to-methane processing area in East Kalimantan, a methane industrial area and the construction of the Kediri-Tulungagung toll road in East Java.“The projects’ investors are being financially evaluated to make sure they can finish the projects by 2024 and be included in the PSN,” he said.Coordinating Economic Minister Airlangga Hartarto said there were currently 232 new project proposals to be included in the PSN, 84 of which were proposed by ministries, 123 projects by regional governments and 17 by state and regional-owned enterprises (BUMN/D) and eight projects by private sector investors.At the same time, the government has scrapped 10 projects from the PSN list as their estimated completion times are beyond 2024, the year when President Joko “Jokowi” Widodo’s second term will end. (eyc)Topics : The government has been assessing 11 new infrastructure projects to be included in the National Strategic Projects (PSN) in a bid to attract investment and create jobs.”I had a discussion with the coordinating economic minister as we want to assess which projects [in the PSN] can be funded by the private sector, so that we won’t just rely on the state budget,” Coordinating Maritime and Investment Minister Luhut Pandjaitan told a webstreamed coordination meeting on Wednesday, as quoted in the statement. His office did not elaborate on projects that might need to be scrapped.“Hopefully we can move fast given the current situation caused by the pandemic,” he said.
Robinson took a swipe on his team insisting that it is time to stop blaming loses on bad luck but double effort in search of better results. “All the stats in the world don’t mean anything when you don’t get the result. “The difference between the teams was the desire to go and score a goal. “We didn’t show enough desire to finish the game off or defend in our own box. “We can’t keep saying its bad luck, you make your own luck by being brave and we were not brave enough to finish the game off.” Read Also Obika dashes Odoffin’s hope as Hamilton records third defeat Hamilton and Odoffin’s readiness to extend the victory song will be put to the test when they host table toppers Rangers next Saturday. Since crashing out of the now won and lost Europa league, Rangers have enjoyed impressive victories in the league with three wins and a draw. FacebookTwitterWhatsAppEmail分享 Loading… Despite slow and unimpressive start of the season, Hakeem Odoffin had every cause to smile after he handed the club the much awaited first season victory on Saturday. Odoffin powered home a header from Reegan Mimnaugh’s corner with just four minutes remaining in the Lanarkshire derby against Motherwell to seal a 1-0 win. Hamilton have lost their opening three games in the league but the scrappy win over local rivals managed to push them off the foot of the table to the ninth position. An elated Hamilton coach Brian Rice was full of praise for Nigerian born defender even as he noted that missed opportunities should have given his side a harvest of goals. Rice said: “Just before the goal went in we had three or four dangerous crosses into the box and Hakeem missed one that was probably easier to score. “But he deserved his goal. Since he came into the club he’s been immense for me. I brought him in as a right-back and moved him into centre-back and I’ve been absolutely delighted with him. “He’s only 22 but he’s a leader in that young team and getting his first goal in a derby match, is sure to be a boost” Motherwell on their part are yet to record a win in their opening five games of the new league campaign and manager Stephen Robinson was frustrated to lose out to a late winner. Promoted Content7 Universities Where Getting An Education Costs A Hefty PennyBirds Enjoy Living In A Gallery Space Created For Them8 Superfoods For Growing Hair Back And Stimulating Its Growth7 Ways To Understand Your Girlfriend Better10 Risky Jobs Some Women Do6 Stunning Bridges You’ll Want To See With Your Own EyesWho Is The Most Powerful Woman On Earth?7 Universities In The World With The Highest Market ValueCouples Who Celebrated Their Union In A Unique, Unforgettable WayWhat Is A Black Hole In Simple Terms?The Most Exciting Cities In The World To Visit9 Actors Who Stay Famous For That One Movie They Did 10 Years Ago
Spring football is in full effect on the USC campus. Last Saturday, the USC football team held its first scrimmage at the Coliseum. With the clock counting down until the conclusion of spring practice and the imminent season opener on Sept. 1, now is the time for the Trojans to start prepping for the future.Though not one single snap has been taken, one can’t help but wonder who will follow in senior quarterback Matt Barkley’s footsteps. Who will be the understudy to the Heisman hopeful? Who will be the next leader of the USC Trojans?Auxiliary power · Redshirt freshman quarterback Cody Kessler (above) is one of the backups trying to make a name for himself. – Chris Pham | Daily TrojanSure, the Trojans have time to spare before deciding the successor to Barkley, but it is necessary to take advantage of every opportunity to provide an adequate amount of experience before throwing the heir to the Trojan empire into the pack.Redshirt freshman quarterback Cody Kessler seems the most likely to inherit the job. Kessler, who hails from Centennial High School in Bakersfield, Calif., is listed at 6-foot-1 and 210 pounds. Some have likened his talent to former USC quarterback Mark Sanchez. Though Kessler has not logged time for the Trojans because he redshirted during the 2011 season, he is primed to have his chance in the spotlight. Prep All-American, Kessler, whose play style is similar to that of the current USC offense, would be an easy fit in the offensive scheme.But Kessler isn’t the only redshirt freshman making a name for himself. Max Wittek, the 6-foot-4 quarterback, is a product of high school powerhouse Santa Ana Mater Dei (and was teammates with current players Barkley, Holmes and Blackwell). An All-American, Wittek was also a member of the All-Trinity first team during his senior year as he completed 153 of 282 passes (54.3 percent) for 2,252 yards with 24 touchdowns and 15 interceptions.In the Trojans’ first spring scrimmage, Wittek seemed right at home in the pocket. It is undeniable that Wittek possesses what the Trojan offense might need in the future — a strong arm and mobility. Like Kessler, Wittek redshirted during the 2011 season.With the abundance of attention fixed on whether it will be Kessler or Wittek as the official backup quarterback, many forget that another prime candidate is still in the Kiffin arsenal.Redshirt sophomore Jesse Scroggins hasn’t had the best of luck at USC. The 6-foot-2 quarterback was sidelined for the majority of the 2011 season after suffering an injury to his hand and thumb. Scroggins, a product of Lakewood High School, did appear in one game for the Trojans, although only for the final snap in the home duel against Washington. The All-American Scroggins, like Kessler and Wittek, has yet to throw a single pass (in a game) for the Trojans.The top three candidates have little experience behind the Trojan offensive line. Now is the time, however, to properly evaluate all three quarterbacks and determine which will be the best fit. With some players possessing similar play styles, USC can utilize a system that will incorporate the best of both worlds and take advantage of all the various talents.Spring practice is the most vital for the future of the Trojan offense. Every decision now sets the stage for the future of the USC football program. Allowing enough time to have the successor(s) gain confidence in their respective craft is crucial and necessary.Though some might claim it is too early to start prepping for next season, it is in the best interest of the USC football program. Whoever will be serving as backup to Barkley in 2012 needs to be prepared for any situation. Without a doubt, the decision needs to be sensible, but not rushed. “Armchair Quarterback” runs Tuesdays. To comment on this article, email Andie at email@example.com or visit DailyTrojan.com