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Purchasing Power Must Be Increased to Avoid Recession

People’s purchasing power needs to be increased in order to prevent Indonesia from falling into a recession.

By
KOMPAS TEAM
· 6 minutes read
https://cdn-assetd.kompas.id/UfFOlwCF-HM32HL6csc5Wv5T9SY=/1024x683/https%3A%2F%2Fkompas.id%2Fwp-content%2Fuploads%2F2020%2F08%2F1f0f1cb4-a95e-47de-868f-757abe1e90ca_jpg.jpg
Kompas/Priyombodo

Vegetable traders serve buyers at Tebet Market, South Jakarta, Tuesday (4/8/2020). According to data from the Central Statistics Agency (BPS), Pandemic Covid-19 is increasingly eroding people\'s income and purchasing power.

People’s purchasing power needs to be increased in order to prevent Indonesia from falling into a recession. A sense of security and trust should be established in the community so that the wheels of the economic can turn.

JAKARTA, KOMPAS— Household spending in August-September will be the key to prevent the Indonesian economy from entering a recession. Purchasing power must be increased by increasing people’s confidence in the handling of Covid-19.

Editor:
naranasrullah
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