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As a result of the global pandemic, the world is on the brink of an economic crisis. Several economic indicators were omitted, including in Indonesia. We are experiencing a health crisis.
How can the government focus on saving human lives while maintaining its economy?
Previously, the House of Representatives held a plenary meeting with one of the agendas, making the decision of Perppu Corona or Perppu Number one of 2020, in law.
At the beginning of the Plenary Meeting, the Minister of Finance, Sri Mulyani, transmitted the macroeconomic framework and the main fiscal policy for 2021.
Sri Mulyani emphasized that economic policy in 2021 was still focused on economic recovery efforts as a result of the crown pandemic.
Indonesia’s economic growth is threatened by going from a heavy scenario, which is 2.3 percent, to a very severe scenario, with a contraction of 0.4 percent.
To that end, the government focuses on the reallocation of the 2020 State Budget, for medical care, the expansion of social safety nets and economic recovery.
The Corona virus really managed to devastate the world. Not only social life and health, the world economy also collapsed. Despite the fact that the Indonesian dream could achieve economic growth of 5.3%. But, it should disappear due to covid-19.
Finance Minister Sri Mulyani said Indonesia’s economic growth could only reach 2.3% and the worst at -0.4%.
