Abdul Halim Iskandar: Recovery Capital from the Villages
Villages are said to be one of the keys to the recovery of the national economy, which has taken a severe hit due to the Covid-19 pandemic.
Minister of Villages, Disadvantaged Regions and Transmigration (PDTT) Abdul Halim Iskandar during a press teleconference, Wednesday (8/7/2020), in Jakarta.
Villages are said to be one of the keys to the recovery of the national economy, which has taken a severe hit due to the Covid-19 pandemic. The villages have natural resource capital, the spirit of gotong royong (mutual cooperation), and village-owned enterprises (BUMDes). Village funds support direct cash assistance and labor-intensive programs.
Out of Rp 72 trillion in village funds this year, the allocation for the village cash labor intensive (PKTD) program has reached Rp 37.08 trillion. This program is targeted to absorb 4.2 million workers. BUMDes have also been strengthened following the stipulation that they stand as legal entities according to Law Number 11 of 2020 on Job Creation. However, lots of work needs to be done to enable villages to truly become an important player in national economic recovery.