Economic Recession Shadow Indonesia, Government Needs to Improve Performance
Detiktoday.com – Some economists predict that Indonesia is at the gate of an economic recession. The statement of the Minister of Finance Sri Mulyani, who had twice revealed the projected growth of Indonesia’s Gross Domestic Product (GDP) in the current quarter and the next few quarters, confirms that the GDP growth projection is bleak.
PKS faction legislator Anis Byarwati expressed her views on this matter. According to him, actually not only Indonesia is predicted to experience a recession. Global economic conditions are predicted to experience a recession. “The world is predicted to experience a recession,” he said in a press release on Tuesday (07/21/2020).
Anis explained the economic growth predictions of countries in the world where Singapore is predicted to be minus 6.8 percent this year, Malaysia minus 8 percent, America minus 9.7 percent, Britain minus 15.4 percent, Germany 11.2 percent, France minus 17 , 2 percent, Japan minus 8.3 percent. Even the IMF predicts that this year’s world economic output will shrink by almost 5 percent, or almost 2 percent worse than the forecast released in April.
Furthermore, this Member of the House of Representatives Commission XI believes that the government needs to focus more on handling the impact of Covid-19. According to him, aspects of people’s health cannot be underestimated. “Almost all people complained about the slow handling of Covid-19. Even President Jokowi himself also complained about this problem,” said Anis.
Not only that, Anis also highlighted the uptake of funds handling Covid-19 which turned out to be still very low. “This is a bad record for the government,” he said. Therefore Anis asked the government to improve its performance so that the handling of the impact of Covid-19, especially in the economic field, could run better.
The impact of the recession that will be felt by the community later is the increasingly difficult jobs. Economic activity that has not returned to normal has caused many people to lose their jobs. “Then it was followed by a fall in people’s purchasing power due to reduced income. So, it is the middle to lower classes that are likely to really feel the impact of this recession, “concluded Anis.