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.
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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.