Research Article
The Indonesia government strategy to reduce the impact of the Covid-19 pandemic on the national economy
@INPROCEEDINGS{10.4108/eai.10-11-2020.2303448, author={Dani Andrean Widodo}, title={The Indonesia government strategy to reduce the impact of the Covid-19 pandemic on the national economy}, proceedings={Proceedings of the 2nd International Conference on Law, Social Sciences and Education, ICLSSE 2020, 10 November, Singaraja, Bali, Indonesia}, publisher={EAI}, proceedings_a={ICLSSE}, year={2021}, month={1}, keywords={covid-19; strategy; government; economy; fiscal; monetary}, doi={10.4108/eai.10-11-2020.2303448} }- Dani Andrean Widodo
Year: 2021
The Indonesia government strategy to reduce the impact of the Covid-19 pandemic on the national economy
ICLSSE
EAI
DOI: 10.4108/eai.10-11-2020.2303448
Abstract
This study aims to determine the fiscal and monetary policy strategies for the stability of the Indonesian economy in dealing with the impact of the Covid 19 virus. In this study, researchers chose to use the descriptive type of research, namely to explain an event whose operations revolve around data collection, data processing and data interpretation. Data is obtained through literature studies, by reading and reviewing and analyzing various literatures, in the form of documents, journals, publication data from ministries and from official websites that release information relevant to research. Meanwhile, data analysis was carried out by reducing, classifying, interpreting and drawing conclusions. The Indonesian government has taken comprehensive fiscal and monetary policies to deal with Covid-19. In the fiscal sector, the Government has implemented a policy of refocusing activities and budget reallocation. From the revenue side, the government must pay attention to the contribution of revenues from PPN and Corporate Income Tax and from the expenditure side, the government must be able to pay attention to the realization of the use of these funds so that they are right on target and prioritize priority activities for preventing the Covid-19 pandemic to reduce the budget deficit.
