Reviewing the Impact of Covid-19 Pandemic on the Current Indonesian Economy
- DOI
- 10.2991/assehr.k.220204.064How to use a DOI?
- Keywords
- Impact; Covid-19 pandemic; Indonesian economy
- Abstract
Covid-19 has been endemic since the end of 2019 in Wuhan, China and spread to become a global pandemic throughout 2020. The development of the Covid-19 pandemic has become a new threat, not only for physical health, but also for the mental health of the world community. In Indonesia, the Covid-19 pandemic began to endemic since early March 2020 in Jakarta and began to plague nationally in the next period of time. This has an impact on the essential sectors of society other than health, such as education, social, including the economy. This resulted in national economic turmoil due to restrictions on economic activity. As a result, many people have lost their jobs and see a rise in poverty, not only in Indonesia, but also globally. Covid-19 contributed to Indonesia’s economic growth in 2020 which reached minus 2.1 percent. In addition, the pandemic has also forced the government to rearrange the budget of ministries and agencies to focus on activities to deal with the pandemic. In addition, the government has also implemented a number of policies to deal with the pandemic, such as Large-Scale Social Restrictions, Enforcement of Restrictions on Community Activities, and the implementation of a new normal lifestyle. The government has pursued a number of policies and budgeted large costs for handling the Covid-19 pandemic in Indonesia. Therefore, there is a need for a review in this regard.
- Copyright
- © 2022 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Tunggul Sihombing AU - Bernard Lubis AU - Elsina Sihombing AU - Liyus Waruwu AU - Yusuf L. Henuk PY - 2022 DA - 2022/02/15 TI - Reviewing the Impact of Covid-19 Pandemic on the Current Indonesian Economy BT - Proceedings of the Second International Conference on Public Policy, Social Computing and Development (ICOPOSDEV 2021) PB - Atlantis Press SP - 421 EP - 424 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.220204.064 DO - 10.2991/assehr.k.220204.064 ID - Sihombing2022 ER -