Indonesian President Joko Widodo has chaired a task force to integrate the efforts to rein the COVID-19 transmission with the distribution of a huge economic stimulus as the virus infection cases remain afloat.

The task force will ramp up the measures to mitigate the spread of COVID-19 and monitor the distribution of the economic stimulus of 695.2 trillion rupiahs (about 47 billion U.S. dollars), local media reported on Monday.

Indonesian Minister for Small and Medium Enterprises Erick Thohir was picked to oversee daily operations of the task force, Indonesian Chief Economic Minister Airlangga Hartarto said on Monday.

Hartarto said that Thohir will coordinate economic recovery efforts to contain the pandemic.

"The president has asked the team to execute various programs so that the efforts to rein the virus outbreak and accelerate the economic recovery can be undertaken at the same time," said Hartarto.

The president on Monday inked a government regulation on the establishment of the panel.

The virus has stretched the Indonesian economy deep as partial lockdown and physical distancing rules have nearly grounded the economy to halt.

The economy was projected to decelerate 3.5 to 5.1 percent in the second quarter after registering a 2.97 percent growth in the first quarter.

The transmission of COVID-19 remains afloat in Indonesia, with 1,693 daily cases being reported on Monday by the Health Ministry, bringing the total to 88,214 with 4,239 fatalities.