DAMPAK PANDEMI COVID-19 ON THE ECONOMIC INDONESIA is only less than three months since it starts to trap the Corona virus outbreak in Indonesia, the economic forecast of the water soil changed drastically due to the COVID-19 cause virus. Bank Indonesia (BI) has revised the Indonesia’s economic growth projection to be under five percent or only about 2.5 percent, from those who have grown to 5.02 percent. Meanwhile the Minister of Finance Sri Mulyani said Indonesia is quite hit by the spread of COVID-19, not only in the human health sector, but also has disrupted global economic health. Sri Mulyani estimates Indonesia’s economic growth in worst scenarios can reach the minus of 0.4 percent, it can occur due to the combinedness of the bulge in the aspects of health that revitalize into the economic sector as well as most economic activity willing to prevent the spread of COVID-19. The impact has hit various economic corners. Indices of the stock exchanges, the exchange rate is scalable and the UMKM squad of the attempt. Combined Stock Price Index Trading (IHSG) on Monday (2/3/2020) afternoon, closed weakening 91.46 points or 1.68 percent to position 5.361.25. IHSG also said to touch its lowest position throughout the last eight years at 3,000 levels. To hate the widespread impact of the impact of the Impact of the capital market, the Financial Services Authority (OJK) released several policies. Among those things, trading the Catalyst or freezing for 30 minutes if IHSG drops by five percent. Calculate the event of the Indonesian capital market history lasts on Thursday (12/3/2020) and has happened five times since then. Not only on the capital market, coronavirus also makes the exchange rate of unpowered rupiah. On Monday (23/3/2020), the United States dollar (AS) sale price in five major banks penetrated Rp17 thousand per US dollar. While the Jakarta Interbank Spot Dollar Rate or JISDOR reference rate puts the rupiah value at the position of Rp16.608 per US dollar. The rupiah weakening became the deepest in the Asia region. The number is also the lowest since the crisis in July 1998. The next day, the rupiah only strengthens 0.45 percent to the level of Rp16,500 per US dollar. It can’t be lactating, the UMKM sector is the first sector affected by the COVID-19 outbreak due to the absence of activities outside the house by most people. The condition is separated with the import constraints of raw materials and capital goods from China to the episentrum pandemi. The price of the goods plus the decreased income is a fatal combination of the buying power trigger. The government must anticipate the merosot of this consumption so that the Indonesian economic growth advocate. President Joko Widodo has issued the Regulation of the Law Replacement Government (Perppu) on the State Financial Policy and the Stability of the Financial System on Tuesday (31/3/2020). The build is published to handle the COVID-19 that impact extends to the economic and social sector. In the Perppu, President Jokowi instructs that there is additional shopping and financing of APBN 2020 at Rp405,1 trillion for COVID-19 handling. Photo and text: Gover Pradipta Editor: Widodo S Jusuf
People across the store that closes in Sarinah’s shops were held by the Large-scale Social Restrictions (PSBB) due to the outbreak of COVID-19 in Jakarta.
The number of food stalls when applied to the Large-scale Social Restrictions (PSBB) due to the loss of COVID-19 in Kalibata, Jakarta.
The collection of close stores due to the loss of COVID-19 is installed at the door of a store closes in the New Market area, Jakarta.
Safety gas runs next to the five foot merchant kiosk that closes due to the COVID-19 over Skybridge or Multiuse Cross Bridge (JPM) Tanah Abang in Jakarta.
Karyawan crosses near the stock movement screen when he guessed the COVID-19 outbreak in Indonesia Stock Exchange building, Jakarta. Employees cross near the stock movement screen in Indonesia Stock Exchange building, Jakarta.
Warga exchanges the US dollar currency in a currency exchange outlet in Jakarta.
The male wearing masks and stands in front of the store that closes due to the outbreak of COVID-19 in Pasar Minggu, Jakarta.
Karyawan waited for consumers in a mobile phone kiosk that is still open between the kiosk that closes when the COVID-19 outbreak in Blok M Terminal, Jakarta.
The manekin's retreat is in the Tasik Market which is closed when it is carried out by the Big-scale Social Restriction( PSBB) COVID-19 in Tanah Abang area, Jakarta.
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