Inflation Control and Financial Facilities Strategy slide image

Inflation Control and Financial Facilities Strategy

Exit Strategy The Urgency of Exit Strategy for Indonesia. The Indonesian economy is experiencing very heavy pressures, both in the supply side (business, industry - production) and in the demand side (people's purchasing power - consumption) Health Issues → Potential Economic and/or Financial Crisis → Potential Social Problems. The possibility of shifting community groups due to prolonged lockdown Middle income class Vulnerable community Low saving Informal sector Poor People zero saving Informal sector 56.50% or 74.03 million Indonesian work in informal sectors with an average income of USD 100 - 200 per month. New Normal Implementation in Indonesia New Normal is a Scenario to Maintain a Balance between Health Aspects that must be safeguarded, and Social- Economic Aspects that must continue to maintain welfare (livelihood) The New Normal Scenario is implemented by: Data-based Public Health Indicators: ■ Epidemiology Poverty Line ■ Savings and the accumulation of wealth to survive (especially informal workers) are very small The fiscal capacity of the state is very limited The Government is unable to fund all communities affected by COVID-19. Social Aid is prepared within a limited period (3 months, 6 months) Source: Coordinating Ministry for Economic Affairs Public Health Surveillance ■ Health Care Facilities which becomes a Necessary Condition that must be met. Requires readiness from the Public Sector to be opened: Health protocol (SOP) in each public sector Community awareness, compliance and discipline 30 30
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