Proceedings of the First International Conference on Science, Technology, Engineering and Industrial Revolution (ICSTEIR 2020)

Economic Stimulus Policies Implementation and Their Role in Empowering Indonesian SME’s During Covid-19 Pandemic: The Urgently VS Threat

Authors
Susan Purnama, Fitriani Reyta
Corresponding Author
Susan Purnama
Available Online 13 March 2021.
DOI
10.2991/assehr.k.210312.026How to use a DOI?
Keywords
Economic Stimulus, SME’s, Social Distancing, Covid-19, Empowerment
Abstract

In an uncertain economic situation like now, the MSME’s sector is still believed to be a supporting force for the national economy. They are said to be the cogs of the Indonesian economy. In fact, this sector is said to have contributed greatly to the development and growth of this country. From the above description, it must be admitted that the MSME’s sector has indeed become a mainstay in absorbing labor, substituting for consumption, or semi-finished products. Naturally, if the government is very concerned about ensuring that micro and small businesses continue to run and get stronger even in uncertain economic conditions. To support MSME’s to become economic drivers, the government has planned to issue a stimulus for MSME’s. With the stimulus, it is hoped that it will encourage the growth of competitive MSMEs during pandemic Covid-19 by cash fund transferred who called “ BLT” in Indonesia means “Bantuan Langsung Tunai” a cash transfer direct to MSME’s sector, the problem is the threat above the stimulus given are the spreading of covid -19 virus that haunted among BLT receiver, the system that not supported the covid-19 handling, a thousand BLT receiver are gathered in every city in Indonesia, the question is are this effective in empowering SME’s, or become a threat to their lives? This qualitative research uses data collection methods in the form of observation, interviews, and documentation. Data collection was done in natural settings (natural conditions). Discussion on the results of this study will be presented based on the above research problem formulation.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the First International Conference on Science, Technology, Engineering and Industrial Revolution (ICSTEIR 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
13 March 2021
ISBN
978-94-6239-351-6
ISSN
2352-5398
DOI
10.2991/assehr.k.210312.026How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Susan Purnama
AU  - Fitriani Reyta
PY  - 2021
DA  - 2021/03/13
TI  - Economic Stimulus Policies Implementation and Their Role in Empowering Indonesian SME’s During Covid-19 Pandemic: The Urgently VS Threat
BT  - Proceedings of the First International Conference on Science, Technology, Engineering and Industrial Revolution (ICSTEIR 2020)
PB  - Atlantis Press
SP  - 171
EP  - 175
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210312.026
DO  - 10.2991/assehr.k.210312.026
ID  - Purnama2021
ER  -