Jakarta –
National businessman Sandiaga Uno predict economic recession hit Indonesia amid the Corona virus pandemic (COVID-19). According to the man who is familiarly called Sandi, the threat of recession is more real if the increase in the number of new Corona cases cannot be suppressed.
“I say that we are entering a recession has become more real in front of us,” said Sandi in the Indonesia Young Entrepreneur Summit webinar, Saturday (07/18/2020).
According to him, in the second quarter of 2020 Indonesia’s economic growth has a great potential to contract even up to -6%. Finance Minister Sri Mulyani Indrawati also predicted economic growth in the second quarter of 2020 between -3.5% to -5.1% with the most recent deepest level of -4.3%.
“I think minus 4% can happen, but if we see later on August 5 some consumption sectors have not recovered due to the PSBB and also the weakening of purchasing power, we are likely to touch the minus 6%,” explained Sandi.
He said, the government must immediately accelerate the realization of the National Economic Recovery (PEN) program to prevent contracted economic growth until the third quarter of 2020 and avoid recession.
The acceleration that must be accelerated from the PEN program is the distribution of the health budget, social assistance (social assistance) to boost public consumption, and encouragement to the MSME sector.
“Carry out the realization of government policies by massively into the health and food sector, especially the social assistance that is currently awaited by the community. Second, focus on the MSME sector. Give MSMEs the ease of adapting to digitalization, and also giving them facilities to liquidity,” he concluded.
Watch Video “Sandiaga Uno Leaks the Most Selling Business Opportunities“
[Gambas:Video 20detik]
(ara / ara)
–
