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JAKARTA, KOMPAS.com – The decision of DKI Jakarta Governor Anies Baswedan to re-impose Large Scale Social Restrictions (PSBB) on September 14, 2020 received a response from 3 finance ministers from Indonesia’s Advanced Cabinet.
Economic advisers to President Joko Widodo (Jokowi) assessed that the re-implementation of the PSBB could have an impact on the economy, which is currently starting to grow after being hit by the implementation of the Jakarta PSBB in March.
Here are 3 Jokowi economy ministers who consider that the Jakarta PSBB has a negative impact on the national economy.
1. Airlangga Hartarto (Coordinating Minister of Economy)
Coordinating Minister for Economic Affairs Airlangga Hartarto said the drop in the composite stock price index (IHSG) was due to pressure from the Jakarta PSBB announcement.
Also read: Airlangga Coordinating Minister: JCI sinks below 5,000 due to Jakarta Governor’s announcement
On Thursday (10/9/2020) at 10.36 WIB, JCI fell sharply 5 percent to the level of 4,892.87 or 257.49 points below. In fact, according to Airlangga, the performance of the stock index had previously started to move in a positive direction.
“Several things we have seen have shown positive results based on the index through yesterday,” Airlangga said. video conference.
“Today is still uncertain because ad The governor of Jakarta last night, so this morning’s index was below 5,000, “he explained.
On the other hand, according to Airlangga, Anies’ decision to remove the emergency brake had a great impact on the economy. Because according to him, economic performance is not only influenced by fundamental conditions, but also by public and citizen trust.
Also read: JCI drops, the government is asked not to blame each other
“We have to look at the accelerator and the brakes. If the accelerator or the brake is pressed suddenly, of course we have to take care of it.” confident public. Because the economy is not only fundamental, but also sentiment, especially for the sector capital market,“he said.
2. Agus Suparmanto (Minister of Commerce)
Commerce Minister Agus Suparmanto warned about the impact of Jakarta PSBB. According to him, the implementation of the PSBB could potentially disrupt the smooth distribution of goods, especially considering Jakarta’s role in the national distribution flow.
“Because our GDP is 50 percent of consumption. If this distribution doesn’t go smoothly, it will disrupt Indonesia’s GDP, ”Agus told the Kadin National Coordination Meeting.
Even if there is a PSBB, it asks the provincial government of DKI Jakarta not to obstruct the supply chain for the distribution of goods in and out of Jakarta.
“In the PSBB situation, there are things that should not be obstructed, namely the distribution channel. This distribution channel in each PSBB must continue to function so that supply chain not bothered, “said Agus.
Also read: PSBB Jakarta, the Minister of Commerce asks to guarantee smooth distribution channels
He hopes that by maintaining the supply chain and domestic economic activities, it is expected that losses due to the weakening of the economy can be reduced in conjunction with the implementation of PSBB. In particular, it is expected that workers will not generate waves of layoffs (PHK).
“This can still be done with the cooperation of all parties, so that it can facilitate distribution accesses. supply chain It is not disturbed, especially the industries, so that it does not cause layoffs ”, said Agus.
3. Agus Gumiwang (Minister of Industry)
Industry Minister Agus Gumiwang Kartasasmita highlighted the decision of DKI Jakarta Governor Anies Baswedan on the readjustment of the PSBB.
The former minister of Social Affairs said that the performance of the manufacturing industry would again be under pressure due to this decision. This will get worse if other regions also implement the same.
“We see that the industry is concerned about being pressured, but what needs to be conveyed is that the government values public health as something that cannot be negotiated,” Agus said. video conference.
Also read: Jakarta implements PSBB Total, industry minister is concerned about pressure from manufacturing industry
Agus explained that the manufacturing industry is the largest contributor to the Indonesian economy. The poor performance of the manufacturing industry will have a major impact on the overall economic situation.
The contribution of the manufacturing industry to the economy was 19.87 percent. In the second quarter of 2020, the manufacturing industry contracted -5.37 percent.
Agus assesses that the manufacturing industry has stretched enough in the August 2020 period. In addition to affecting the performance of the manufacturing industry, Agus assesses that the tightening of the PSBB will also affect the government’s agenda for import substitution.
The Ministry of Industry itself points out that in 2022 Indonesia can make an import substitution of up to 35 percent.
“Many say they are too ambitious, but we will continue with this program, provided that if the PSBB is tightened again, not only in Jakarta, but in other areas, this will affect the import substitution program,” he said.
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(Source: KOMPAS.com/Mutia Fauzia, Yohana Artha Uly | Editor: Bambang P. Jatmiko, Sakina Rakhma Setiawan)