Economic uncertainty due to the Covid-19 pandemic causes anxiety (scarring effect) and affects the psycology of economic actors in making decisions to carry out economic activities. To that end, the government has implemented various strategic solutions to strengthen the confidence of economic actors as part of the national recovery effort. "The government encourages financial institutions to continue to channel credit, especially to priority sectors such as the tourism sector and MSMEs," said Vice President (Vice President) Ma'ruf Amin at the Economic Challenges Special Ramadan event written on Sunday (3/4/2022). In addition, according to the Vice President, to encourage the business world to accelerate the use of digital technology, it can be done by means of digitization. Furthermore, the Vice President who is also the Chair of the IAEI Advisory Board said that the government also continues to encourage increased public consumption through various efforts, including by increasing the budget deficit to provide fiscal space and providing relaxation or relaxation in financing for economic actors to maintain public consumption.
"In addition, the government has facilitated the extension of the financing restructuring," he added. To keep people's purchasing power from falling, the Vice President said, the government also provides additional budget allocations for social protection every year. "The government also annually provides additional budget allocations for social protection as part of the reallocation, in addition to health, for economic recovery and also for social protection," he added.
