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POLICY OF TIME ECONOMIC RECOVERY COVID-19 PANDEMIC IN INDONESIA YEAR 2020-2021

Endang Naryono

No rvmcu, OSF Preprints from Center for Open Science

Abstract: The COVID-19 pandemic for almost two years has had a very extraordinary and frightening impact, there have been 2.3 million cases of covid-19 with a cure rate of 84% and a death rate of 2.6% in July 2021. The Covid-19 pandemic has not only created a humanitarian disaster but has an impact National economic downturn, such as negative economic growth, declining purchasing power, increasing poverty and uncontrolled unemployment. The government's policy by carrying out a two-legged policy, the first is to break the chain of the spread of this pandemic with regulations and health protocol policies. The second is economic recovery during the pandemic with social assistance to the community, SMEs and industrialization so that they still have purchasing power to move the real sector. Inaccurate data, limited infrastructure and budget constraints are the biggest obstacles to economic recovery during the pandemic. UKMM is the final foundation and backbone of the national economy in the midst of an economic recession in its second year.

Date: 2021-07-05
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:rvmcu

DOI: 10.31219/osf.io/rvmcu

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