Expand deficit to 5%, cut taxes on rich in exchange for required COVID-19 donations: House

first_img25% Income up to Rp 50 million 15% 30% Layers of taxable income (annually) 5% Income of more than Rp 500 million Income of Rp 250 million to Rp 500 million Percentage taxed The House of Representatives has urged the government to issue a government regulation in lieu of law (Perppu) to revise the 2020 state budget, expand the budget deficit cap and provide incentives for individual taxpayers to cope with the economic effects of COVID-19.The House’s budget committee (Banggar) chairman Said Abdullah said on Monday that the government should raise the budget deficit ceiling from the current 3 percent of gross domestic product to 5 percent. The government debt-to-gross domestic product (GDP) ratio, he said, had to be kept in check at 60 percent from around 30 percent today.“Almost every macroeconomic indicator has changed significantly due to the spread of the COVID-19 pandemic. The 2020 state budget, as the government’s fiscal instrument, will no doubt change as well,” Said wrote in a public statement after a teleconferenced meeting with Finance Minister Sri Mulyani Indrawati and Bank Indonesia governor Perry Warjiyo. Income of Rp 50 million to Rp 250 million The government should also issue another Perppu to make changes to the current income tax law to roll out incentives for individual taxpayers, Said added.“The important point is to [reduce] income tax to 20 percent for those with savings of more than Rp 100 billion,” he said. As a consequence of lower income tax for the haves, they will then be required to pay Rp 1 billion per person to the National Disaster Mitigation Agency (BNPB) for the COVID-19 response fund.The prevailing 2008 Income Tax Law, Article 17 “This Perppu is meant to support the public’s recovery efforts due to COVID-19, ensure the implementation of a social safety net program and help informal and small and medium businesses survive in the face of a hard economic situation,” Said added.Sri Mulyani was not immediately available for comment in response to the ideas from the Banggar. However, she previously estimated that the state budget deficit could widen to between 2.2 and 2.5 percent of GDP this year, taking into account the large government stimulus packages provided to fuel the virus-stricken economy.Read also: More cash aid, stimuli needed to soften economic shocks of COVID-19: EconomistsThe government will reallocate Rp 62.3 trillion (US$3.9 billion) of state spending from the 2020 budget to tackle COVID-19, focusing on healthcare, the disbursement of social funds and economic stimuli for businesses and workers.The allocated sum will add to the Rp 120 trillion of stimulus packages already stipulated as the government prepares for worst-case scenarios, including the possibility of zero percent economic growth, ministers have said.“We’ve identified about Rp 62.3 trillion of planned spending that can be reallocated to priority areas put forward by the President. This includes funding for business trips, blocked funds and non-operational purchases of goods, among other items,” Sri Mulyani said.Several economists have also called for a flexible state budget to help the country cope with the COVID-19 pandemic.“Desperate times call for desperate measures,” University of Indonesia rector Ari Kuncoro told The Jakarta Post. “The government should look to implement an intertemporal budget. If we pass the 3 percent limit this year, then we should compensate for the deficit over the next three to five years.”As of Tuesday, Indonesia had 579 confirmed cases of COVID-19 and 49 deaths. Thirty people who contracted the virus have recovered. Globally, the pneumonia-like illness has infected over 381,000 people and has claimed at least 16,500 lives.Topics :last_img read more

Arsenal legend Gilberto Silva bizarrely compares Mohamed Elneny to Patrick Vieira

first_img Comment Advertisement Arsenal legend Gilberto Silva bizarrely compares Mohamed Elneny to Patrick Vieira Elneny has been at the club since 2016 (Picture: Getty Images)Gilberto Silva believes Arsenal midfielder Mohamed Elneny ‘resembles’ Gunners icon Patrick Vieira, but hasn’t had the game time he deserves.The Egypt international has made just 46 appearances for the club since joining from FC Basel in 2016, playing a bit-part role under former managers Arsene Wenger and Unai Emery.Elneny was shipped out on loan to Besiktas at the start of this season, having been deemed surplus to requirements, but Silva believes the 27-year-old was overlooked.He told France Football: ‘In the last few years, the situation has been difficult at Arsenal. ADVERTISEMENT‘They have very similar players in midfield, with profiles that resemble each other and not really players of the profile of Patrick Vieira, or even my profile. AdvertisementAdvertisement‘The only individual who resembled [us], that could have been Mohamed Elneny, but he didn’t play. Read the latest updates: Coronavirus news live Advertisement Metro Sport ReporterTuesday 14 Apr 2020 10:07 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link299Shares Silva and Vieira were key cogs in the Invincible side (Picture: Getty Images)‘But they have not really had those types of players to cover the defensive midfield position. ‘Arsenal always plays positively, trying to deploy an attacking game, and it is not easy to find someone to marry the ability to play the forward game and to do the work in the shadows in the defensive phases.’Silva and Vieira formed a devastating partnership in the middle of the park, as Wenger’s 2003/4 team became the only side not to lose a single game in a Premier League season.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalThe Brazil international broke up the play, allowing his French teammate to bomb forward and join the attack.Mikel Arteta may well give Elneny a chance upon his return to north London at the end of the season, given the lack of depth in Gunners midfield.One player the Spaniard will be keen to keep hold of is top scorer Pierre-Emerick Aubameyang, amid interest from the likes of Real Madrid and Barcelona.MORE: Chelsea and Arsenal target Achraf Hakimi refuses to rule out transferMORE: Real Madrid make decision over Luka Jovic’s future amid Arsenal interestFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.last_img read more

Saint-Etienne confirm Arsenal’s William Saliba won’t play in French Cup final

first_img Metro Sport ReporterThursday 16 Jul 2020 4:25 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.3kShares Advertisement William Saliba will not take part in Saint-Etienne’s French Cup final against Arsenal (Picture: Getty)William Saliba will not feature in the French Cup final, Saint-Etienne manager Cluade Puel has confirmed. Arsenal signed the teenage centre-half for a fee of £27million last summer but were forced to loan him back to the Ligue 1 club for the season as part of the deal. The coronavirus pandemic saw the French domestic campaign cancelled back in March, but the cup final between Les Verts and Paris Saint-Germain is scheduled to take place next weekend. Arsenal manager Mikel Arteta had given his blessing and was happy to permit the player to compete one last time for his boyhood club, but the Gunners and their French counterparts failed to reach a compromise.AdvertisementAdvertisementADVERTISEMENTSaliba is said to be frustrated at having been blocked from taking in part in what would have been the biggest game to date of his fledgling career, but the chances of a resolution are dead in the water. Advertisement Saint-Etienne confirm Arsenal’s William Saliba won’t play in French Cup final Comment Arteta reacts to Arsenal beating champions Liverpool 2-1To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 5:36FullscreenArteta reacts to Arsenal beating champions Liverpool 2-1https://metro.co.uk/video/arteta-reacts-arsenal-beating-champions-liverpool-2-1-2211612/This is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.‘Yes, William Saliba will be absent,’ confirmed Saint-Etienne boss Puel on Thursday. Saint-Etienne released a statement last month in which they accused Arsenal of ‘imposing absolutely unacceptable sports and financial conditions’ but the Gunners hit back with a missive of their own and claimed the French club had been unwilling follow a special training regime they had drawn up for a player who missed a swathe of last season through injury. ‘Throughout our discussions with St Etienne, our aim has been to protect the welfare of William Saliba as well as the interests of Arsenal Football Club, while honouring the terms of the loan,’ a statement read. ‘Despite the loan ending on June 30, we were willing to find a way for William to play in the [French] cup final on July 24, despite having no contractual obligation to do so.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘As William is returning from injury, we asked that St Etienne follow a clear training plan with William in close collaboration with us, to ensure he is fully fit for the start of next season. ‘To our surprise we were unable to reach agreement to this plan which was proposed by our medical experts, and we are simply not prepared to risk the welfare of an Arsenal player. ‘While it was not our primary concern, and ultimately not relevant as our training plan was not accepted, we also expected not to be financially disadvantaged by extending the loan. This was also not acceptable to St Etienne. ‘We know this is a disappointment for William but he understands we are working to protect his long-term interests and those of Arsenal.’MORE: Jermaine Pennant blasts Liverpool for missing out on Premier League record after Arsenal defeatMORE: Pierre-Emerick Aubameyang annoyed as Trent Alexander-Arnold escapes red card during Arsenal’s win vs LiverpoolFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.last_img read more

Uganda’s opposition leader Kizza Besigye launches presidential bid

first_imgKizza BesigyeProminent Ugandan opposition leader Kizza Besigye has entered next year’s election race against veteran President Yoweri Museveni, one of Africa’s longest-serving leaders, a report said Thursday.A key leader of the Forum for Democratic Change (FDC), Besigye is currently in Britain and submitted his nomination form in absentia, according to the Daily Monitor newspaper.Current FDC president Mugisha Muntu, a retired army general, told AFP he too was submitting nomination forms to run for president.A three-time presidential election challenger and a former personal doctor to Museveni, Besigye made his last bid for Uganda’s top job in 2011.Museveni, aged 70 and the east African nation’s leader since 1986, has already been given the green light as the candidate for the ruling National Resistance Movement (NRM) by the party’s top body.One of Besigye’s supporters was shot and wounded on Wednesday in scuffles with police.After he lost elections in 2011, Besigye led repeated attempts at anti-government demonstrations, in which he was regularly arrested and held for a few hours before his release.Sacked prime minister Amama Mbabazi last month said he too would challenge his former close ally Museveni, sparking criticism from the government, who point out that many of political failings he speaks of happened when he was the ruling NRM party secretary-general.There was commotion at the FDC party headquarters in Najjanankumbi on Wednesday after hundreds of supporters of former FDC president Dr Kizza Besigye clashed with police.last_img read more

NBC Sports announce Olympic advertising record for Tokyo 2020

first_img Loading… Ninety per cent of available space is said to have been sold with five months to go before the Olympic Opening Ceremony on July 24. The IOC have reiterated their commitment to holding Tokyo 2020 as planned, despite the coronavirus outbreak. Brian Roberts, the chief executive of NBC’s owners Comcast, said he “hoped and imagined” Tokyo 2020 would still produce good results for his company. “But in the event that it didn’t, we have insurance and contractual protections,” he said. NBC Sports had previously revealed that Tokyo 2020 advertising had broken the $1 billion (£776 million/€898 million) mark in December. More than half of their advertisers are said to be new to the Summer Olympics. Read Also:American company ready to takeover top Premier League club The Tokyo time zone is considered more favourable for NBC, as morning events will air live in US prime-time. This includes swimming finals which have been moved from their normal evening time-slots. FacebookTwitterWhatsAppEmail分享 This is more than what was sold for the entirety of Rio 2016, while space during the Tokyo 2020 Paralympics has sold out. The news comes despite fears the coronavirus outbreak could lead to the postponement of the Games. “We recently surpassed $1.25 billion in national advertising for Tokyo, which exceeds our sales total for Rio 2016 and is a new Olympic record,” said Dan Lovinger, the executive vice president for advertising sales for NBC Sports. “In addition, our coverage for the 2020 Tokyo Paralympics is sold out. “The momentum for Tokyo 2020 remains strong, but inventory is growing scarce as advertisers continue to value the massive reach of the Games and are eager to align their brands with the biggest media event of the year.” NBC Sports holds the broadcasting rights to the Olympics in the United States until 2032. This follows an agreement struck between the company and the International Olympic Committee (IOC) in 2014, which sold the rights for $7.65 billion (£5.8 billion/€6.7 billion). Promoted ContentThe Best Cars Of All TimeWho Is The Most Powerful Woman On Earth?Everyone Was Stunned To See How Little Anakin Looks Today7 Universities In The World Where Education Costs Too Much10 Risky Jobs Some Women Do6 Best Movie Cars You Could Own But Probably Can’t AffordBest & Worst Celebrity Endorsed Games Ever Made7 Of The Wealthiest Universities In The World6 Ridiculous Health Myths That Are Actually TrueThe 10 Best Secondary Education Systems In The World8 Shows You Didn’t Want To Watch At The EndJapanese Inventions That Make You Wish You Lived In Japanlast_img read more

Wilson Family Contributions

first_imgFormer football coach, Eric Heppner, and BHS principal, Andy Allen, asked me to post a blog relating to how you can contribute money or gift cards to help the Wilson’s recover from the devastating fire that destroyed their home last week.  Former football coaches and teammates of Jacob and Ben Wilson will be at the football game this Friday night when the Bulldogs host the Rushville Lions.After you enter the football complex, look for a booth near the gate where these coaches and players will be located.  Both Jacob and Ben played football while attending Batesville High School.  Thank you in advance for your support.

Thomas Robert Cloppert – Milan

first_imgThose surviving who will cherish Tom’s memory include his wife of 43 years, Judy Cloppert; children, Bill (Karen) Schmitt of Milan, Julie (Joe) Stewart of West Harrison, Thom (Alicia) Cloppert, Jr. of Loveland, OH, Jud (Liz) Cloppert of Cincinnati, and Katie (Taylor) Hoffman of Erlanger, KY; 10 grandchildren, Megan (Tyler) Ripperger, Zach Schmitt, Jacob Stewart, Eli Schmitt, Mallory Stewart, Becca Schmitt, Matthew Schmitt, Lilli Stewart, Acadia Cloppert, and Irelyn Cloppert; 3 great-grandchildren, Quinn Ripperger, Griffin Ripperger and Rhys Schmitt; 2 brothers, Fred (Pat) Cloppert of Columbus, OH, and Bill (Sandi) Cloppert of Cincinnati, and several nieces and nephews.  He was preceded in death by his parents. Thomas Robert Cloppert, of Milan, was born on February 23, 1951 in Cincinnati, Ohio a son to Frederick and Rita Bettinger Cloppert.  He married Judy Weisbrod on December 12, 1975 in Cincinnati and together they raised five children.  Tom worked as a material manager in quality control for many years.  He was an active member of St. Nicholas Catholic Church as a Eucharistic minister and in the men’s prayer groups.  Tom loved boating and spending time with his family.  On Tuesday, January 15, 2019 at the age of 67, he passed away at Christ Hospital in Cincinnati.   Friends may visit with the family on Friday, January 18, 2019 from 5 until 8 p.m. with Rosary at 4:30 at Cook Rosenberger Funeral Home, 107 Vine Street, Sunman.  Father Shaun Whittington will officiate a Mass of Christian burial on Saturday at 10:30 a.m. at St. Nicholas Catholic Church.  Burial will follow in the church cemetery.  center_img Memorial donations can be directed to the St. Nicholas Heritage Project – the donations will help with the building of the new St. Nicholas School.  To sign the online guestbook please visit www.cookrosenberger.com.  The staff of Cook Rosenberger Funeral Home is honored to serve the family of Thomas Cloppert.last_img read more

Rain, Ramdin rescue Red Force against Scorpions at Sabina Park

first_imgKINGSTON, Jamaica, (CMC) – Rain and defiant batting led by their captain Denesh Ramdin came to the rescue of Trinidad & Tobago Red Force and earned them a draw with Jamaica Scorpions in the Regional 4-Day Championship on Sunday.Ramdin was unbeaten on 52 and shared a crucial fifth-wicket stand with Tion Webster that carried the Red Force to 162 for six when rain stopped play about six minutes after tea on the final day of their sixth-round match at Sabina Park.Red Force – starting the day still 271 in arrears – were reeling on 62 for four, but Webster came to the crease and shared 58 with Ramdin to stem the fall of wickets before he was stumped off leg-spinner Damion Jacobs for 30.Ramdin was also involved in another defiant stand with veteran Imran Khan that had yielded 40 when the rain came and saved the Red Force from defeat.The result meant that Scorpions – starting the match in third on 55 points – gained 12.6 points. This included three for the result, the maximum five batting points, after reaching 432 for five at the 110-over threshold in their first innings, in addition to three bowling points and 1.6 pace bowling points.Red Force – entering the match second on 61.8 points – earned 5.8 points. They collected three for the result, as well as one batting point, one bowling point and 0.8 pace bowling points.Starting the day on 21 for one, Red Force suffered an almost immediate setback, when Reynard Leveridge bowled Yannic Cariah for a duck in the second over without addition to the overnight total.For the next 40 minutes, Ewart Nicholson came to the crease and defied the Scorpions’ attack with left-handed opener Jeremy Solozano before he was caught close to the wicket off Odean Smith for 17.Solozano continued the fight for another 10 overs before he fell for 23, giving part-time off-spinner John Campbell a return catch.For a shade over an hour, Ramdin and Webster held the Scorpions bowlers at bay, but two wickets in the space of seven balls left Red Force woozy.Webster was dismissed and Leveridge bowled Roshon Primus for one, leaving Red Force 123 for six, but Khan arrived and with Ramdin further frustrated the Scorpions for close to an hour and a half either side of tea before the weather brought play to a halt.In the next round, the final match before the long Christmmas/New Year’s holiday break, Red Force host Barbados Pride in a renewal of their fierce rivalry at the Brian Lara Cricket Ground in Trinidad and Windward Islands Volcanoes welcome Scorpions to the Daren Sammy Cricket Ground in St. Lucia for a day/night affair.RED FORCE 1st Innings 243Scorpions 1st Innings 535Red Force 2nd Innings(overnight 21 for one)+A Jangoo c Smith b Leveridge 9J Solozano c and b Campbell 23Y Cariah b Leveridge 0E Nicholson c Griffith b Smith 17*D Ramdin not out 52T Webster st Thomas b Jacobs 30R Primus b Leveridge 1I Khan not out 17Extras (b9, lb2, nb3) 14TOTAL (6 wkts, 75 overs) 163Fall of wickets: 1-21, 2-21, 3-47, 4-62, 5-120, 6-123Bowling: Green 15-4-30-0; Leveridge 11-5-23-3; Smith 8-2-14-1; Campbell 11-2-36-1; Allen 6-2-4-0; Palmer 1-0-2-0Points: Scorpions 12.6, Red Force 5.8last_img read more

Warriors ‘topsy-turvy’ batting form to be tested again by Tallawahs

first_img– Defending champs Tridents face TKR in openerBy Clifton RossAFTER their low-scoring thriller a few days ago, the Guyana Amazon Warriors and Jamaica Tallawahs will have the opportunity to duke it out again, this time under lights, while defending CPL champions, Barbados Pride, battle Trinbago Knight Riders (TKR) first in today’s double-header at the Queen’s Park Oval, Port of Spain.A shift in venue and time will put all four sides on a new neutral turf, playing their first matches in the ‘Bio-Bubble’ at the legendary ground in the city. The Warriors pulled off the most daring heist thus far in the competition after they easily defended 118 to win by a whopping 14 runs, given the low-scoring nature of that game.The quick turnaround between games will test both side this evening and looking back at the Warriors performances in the last encounter, as well as their loss to the St Lucia Zouks recently, it seems their middle-order is desperately in need of stability.Apart from Shimron Hetmyer, who will enter another battle as the tournament’s leading run-scorer with 138, with two half-centuries under his belt, no other Warriors batsman has managed to make it into the top 10 leading run-getters thus far in the season.The ‘almost hero’ Nicholas Pooran rightfully threw his bat away after throwing away the Warriors win on Sunday against the Zouks, further setting back the momentum train for the former 5-time finalists. The overly-aggressive Pooran hit 68, but assessing the outcome of the match, it could have been as significant as a duck because it failed to get his team over the line.Pooran is the next best batsman in the team with 90 runs over all, falling outside the top 10, while New Zealander Ross Taylor’s 64 run from 4 matches is utterly unacceptable for a player of his calibre and class. The power-hitters have failed the Warriors miserably as Keemo Paul, although brilliant with the ball, seems to have gone cold with the bat and needs to step up this evening and break his run drought.The explosive Sherfane Rutherford managed a six and a fours in his 15 on Sunday, following three matches of uncharacteristic batting for a renowned T20 specialist with a career strike-rate of close to 140.The Warriors should look to break up the current union between Brandon King and Chandrapaul Hemraj as both players have been looking dangerous but have failed to lay a solid platform for Hetmyer and the middle-order.Another failed attempt by the openers to post a significant opening stand or a decent score this evening should definitely result in Hetmyer having the chance to open with either Hemraj or King; which will take the pressure off of any of the two, seeing Hetmyer is the in-form batsman in the team who has been batting with no pressure despite the early collapses at the top.Rovman Powell was inches from beating the Warriors when they last met, but some classy bowling by the Guyana franchise managed to keep the Tallawahs at bay; even though they strangely ended with wickets in hands and a batsman unbeaten on a half-century.That batsman was ‘Dre Russ’ Andre Russell, who’s new moniker of being ‘Dange-Russ’ was realized after he clobbered 5 sixes and 4 fours in 52 not out off 37 balls; putting the hard-hitting all-rounder at the 9th spot with 93 runs to date from three games played.Russell is not the only batsman who enters this match with their adrenaline pumping. Opener and 4th leading on the run chart with 102 runs, Glenn Phillips, will be keen on making amends for the duck against the Warriors which he fell for the last time.Both teams learned much from each other; the Tallawahs opted not to play Veerasammy Permaul against his countrymen and old franchise, strangely too after he was fresh off of grabbing two wickets the previous game. If Permaul does play, he will add support to Mujeeb Ur Rahman who destroyed the Warriors with 3-18.Nepalese leggy, the 20-year-old Sandeep Lamichhane was also magical, ending with 2-8 from his 4 overs and will work nicely in tandem with Mujeeb. Oshane Thomas and the veteran Fidel Edwards were quick but wicket-less and could easily blow the Warriors away tonight, should they hit their straps. Carlos Brathwaite continues to be the dark horse with the ball, but his 3 wickets from the last game will be at the back of the Warriors’ mind.If skipper Chris Green can keep his current form and Imran Tahir also playing his senior role as one of the Warriors strike bowlers along with Paul, things might go in favour of the local franchise tonight.Action at the Queen’s Park Oval is expected to bowl from 10:00hrs with the Pride/Patriots clash, followed by the highly-anticipated rematch under lights between Warriors and the Tallawahs at 17.30 hrs.last_img read more