Jakarta –
The government is trying to prevent economic growth from falling too deep so that a recession does not occur in Indonesia. People also have to do something to help themselves so that it doesn’t get worse when a recession does occur.
Executive Director of the Institute for Development of Economics and Finance (INDEF), Tauhid Ahmad, said people who experienced a decline in income during the pandemic had to save money to prepare emergency funds for at least 3 months during a recession.
“People have to tighten their belts for unnecessary expenses, for example to tourist attractions, restaurants and so on, especially for people who have experienced a decline in income in recent months. But for people who are not affected, I think consumption is normal, but I think it has decreased. must tighten the belt, “said Tauhid to detikcom, Tuesday (18/8/2020).
The same thing was said by the Executive Director of the Center of Reform on Economics (CORE) Indonesia, Mohammad Faisal. Although they are asked not to panic in the face of a recession, people are asked to spend fairly and not be too wasteful.
“The public must be prepared from the financial side. Although people should not panic too much because this actually encourages a faster recession like 1998, one of which caused the crisis to be more severe at that time because of the public panic so he bought goods in shops, malls, then took the money from the bank at the same time, “he said.
In addition to preparing a lot of savings, people are asked to increase discipline in implementing health protocols so that this pandemic can recover quickly. Because the recession occurred due to the deadly Corona virus.
“The community can contribute to withstand further economic pressure, namely by increasing discipline, awareness, obeying health regulations and SOPs, so wear masks, social distancing, then use hand sanitizers, then wash hands and so on because the source of this recession is the plague. If the epidemic continues to rise, we will still be subject to economic pressure, “he said.
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