COVID-19 must function as turning point for town economy: Jokowi

The continuous COVID-19 pandemic need to function as a turning point for the improvement of the village economy as ruralization takes place amid the ongoing COVID-19 pandemic, President Joko “Jokowi” Widodo has stated.

The President stated the current economic decline experienced by the nation, which has actually led to increasing joblessness in huge cities, had eventually required great deals of individuals to go back to their home towns to survive.

” When economic crisis occurs in urban areas, towns are expected to be the buffer zones as ruralization occurs,” Jokowi stated during a conference on accelerating the town economy in Merdeka Palace on Thursday.

He stated he had instructed his subordinates to make sure that all social safeguard programs targeting individuals in backwoods run efficiently and on target. Among the stated programs are the Family Hope Program (PKH) and the village funds program.

” Make certain that the funds are received by the COVID-19- impacted villagers and those who badly need them,” the President added, as priced quote by kompas.com

The government estimates that up to 5.23 million Indonesians might lose their jobs during the pandemic, while as much as 4.89 million individuals might fall below the poverty line as the health crisis brings economic activity to a standstill.

His administration has planned to increase spending on town fund money help to Rp 31.8 trillion (US$ 2.14 billion) after formerly assigning Rp 21.2 trillion to protect those at greater threat of falling under poverty. (vny)

Topics:

  • Jokowi village-economy village-funds COVID-19 COVID-19- in-Indonesia Joko-Widodo economic-crisis

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