Research Article
Covid-19 impact on MSME Business Operations around Banyumas Regency: Overview, Problems, and Suggestions
@INPROCEEDINGS{10.4108/eai.5-8-2020.2301226, author={Bima Cinintya Pratama and Akhmad Darmawan and Maulida Nurul Innayah}, title={Covid-19 impact on MSME Business Operations around Banyumas Regency: Overview, Problems, and Suggestions}, proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2020}, month={10}, keywords={covid-19 msmes business operations}, doi={10.4108/eai.5-8-2020.2301226} }- Bima Cinintya Pratama
Akhmad Darmawan
Maulida Nurul Innayah
Year: 2020
Covid-19 impact on MSME Business Operations around Banyumas Regency: Overview, Problems, and Suggestions
ICBAE
EAI
DOI: 10.4108/eai.5-8-2020.2301226
Abstract
This study tries to make an overview about MSMEs condition that impacted by the Covid-19 pandemic in Banyumas regency and its surroundings and formulate policy strategies that can be done to mitigate this condition. The urgency of this research is to improve economic stability in Banyumas Regency, through the formulation of strategies for empowering MSMEs in Banyumas Regency. The number of MSMEs that becomes the sample of this study are 366 MSMEs in Banyumas regency and its surroundings. Among a number of solutions that are expected for MSMEs to be accommodated by government policies, the most needed policy is the provision of social assistance (for example reducing electricity costs, social cash assistance, and so on). This is followed by the need to provide credit relief for MSMEs in the form of relaxation and credit restructuring, lowering tax rates, tax reduction or deferral, and stimulus for working capital assistance.
