Banpres Maintains People’s Business and Purchasing Power

Banpres is believed to be able to maintain the people’s business and purchasing power. Stimulus has come in various packages, such as the President’s support for productive micro businesses aimed at providing facilities, stimulating and maintaining micro, small and medium enterprises (MSMEs) in the midst of an epidemic.

This stimulus is useful for people’s purchasing power. Deputy for Micro Business at the Ministry of Cooperatives and SMEs, Eddy Satriya, explained that several opinion polls showed an improvement in the economy, especially after the disbursement of the President’s Micro Business Contribution Fund in 2022.

“This support causes micro businesses to get additional capital to run the business. Several government packages have increased the people’s purchasing power,” he said in recorded info, Wednesday (24 March 2022).

He said this in a productive discussion with the topic “Towards Medicine, a Developing Economy” held by KPCPEN and broadcast by FMB9ID_IKP. From the government faction, Eddy conveyed his commitment to support the struggle of SMEs during the outbreak.

“It is a government regulation to exclusively provide support for the Cooperatives and Small and Medium Enterprises Office as a whole so that the utilization, relief and protection of companies for MSMEs can be realized well within the corridor of statutory provisions and vital regulatory packages.” he spoke.

Banpres is believed to be able to maintain the people’s business and purchasing power. In addition, Eddy Satriya said that if the Direct Contribution of MSME Cash, MSMEs, the Kemenkop MSME would offer opportunities to serve old and new registrants. Because they wished they could continue their efforts.

“We are trying to optimize support for SMEs so that payments are fast. We need to change the informal business to the official one. This will open a new business and make a wish,” he said.

In this case, Banpres is believed to be able to maintain the people’s business and purchasing power. Economic observer Piter Abdullah views positive economic developments not only from one perspective. “However, we see how far the government’s program can increase the resilience of citizens and the business world,” he said.

Piter recommended that all components of society should work together to achieve good conditions for economic development. Because, according to him, you are working together to deal with the effects of this epidemic.

“We agree that the government will respond to this outbreak with good regulations. As we watch everyone work together to challenge the impact of this outbreak,” he said.

At that time, Aidil Besar’s financial planner added that the government’s tactics were good at dealing with the epidemic. This is an innovation, especially for the Ministry of Cooperatives and MSMEs that is needed to increase the purchasing power of citizens.

“Besides that, the epidemic has increased the percentage of new players in micro-enterprises, which because of this situation has resulted in a person becoming a company during an outbreak,” he said.

According to Aidil, efforts to increase the consumption of Indonesian middle class citizens must be supported by the fulfillment of the safety factor.

“The current situation, there are many middle and upper class groups who reduce consumption for two reasons. They feel insecure both health and financially,” said Aidil Besar.

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