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This year the Indonesian economy grows positively

Suara.com – Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for National Entrepreneur Development, who is also a Candidate for the General Chairperson (Caketum) of the Indonesian Chamber of Commerce and Industry, for the period 2021-2026, Arsjad Rasjid is optimistic that this year the national economy will grow positively.

Arsjad expressed this optimism following the positive growth of a number of economic indicators, such as electricity consumption, Manufacturing Purchasing Managers’ Index (PMI), retail sales index, cement consumption, and imports of raw materials and capital goods.

“Improvements in economic indicators generate optimism that the national economic recovery is underway. The policy introduced by the government is correct. Businessmen also consistently support the government to restore the economy, “said Arsjad, Thursday (8/4/2021).

In addition, Arsjad continued, the addition of positive daily Covid-19 cases continued to decline and Covid-19 vaccination was increasingly massive in various regions. In fact, Indonesia is currently in the position of the top four countries in the world that are not the highest vaccine producers in injecting after Germany, Turkey and Brazil.

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Arsjad also considered the government’s policy to provide PPnBM Relaxation Incentives for Motor Vehicles (KB) and Government-Borne VAT (DTP) for Landed Houses and Flats in the property sector.

The automotive industry is a labor-intensive industry that directly employs 1.5 million workers and 4.5 million indirect workers. In addition, the Automotive Support Industry contributed IDR 700 trillion to gross domestic product (GDP) in 2019.

It is said, the synergic collaboration between the government and the business world continues to be well established. Currently, he continued, in Indonesia there are around 7,451 factories that produce input products for the automotive industry.

“We have to maintain the basis of the national automotive industry to advance the national economy,” he said.

Arsjad further said that the government has also consistently implemented economic policies to strengthen micro, small and medium enterprises (MSMEs) which are scattered in various regions.

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The budget allocation for the national economic recovery program (PEN) in 2021 is Rp. 699.43 trillion, of which Rp. 184.83 trillion is budgeted for MSMEs.

The government has prepared policies to support the revival of MSMEs and corporate financing through six stimuli, namely MSME interest subsidies, micro-business productive assistance, guarantee fee subsidies (IJP), placement of funds with commercial banks, tax incentives, and credit restructuring.

“Kadin appreciates the government policy that focuses on restoring MSMEs which play a strategic role in the national economy. MSMEs contribute 61.1% to national economic growth and absorb 97% of the total workforce or 116.9 million people, “said Arsjad.



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