Softcopy (PDF)
Policy brief Prioritising Cash Transfers from the Village Fund for Covid-19 Response
The Covid-19 pandemic not only affects health but also social and economic conditions. In the short term, one of the key indicators of its impact on health is the mortality rate of victims that has reached 8.9 per cent. In terms of the economy, the pandemic has caused a slump in domestic economic activity–posing the risk of a fall in community welfare. In the medium-term, it is projected that economic growth will be in the range of -0.4 per cent to 2.3 per cent. This is a significant decrease compared with the growth rate in 2019 (5 per cent). The virus has taken its toll on many business sectors, causing employment terminations and falling employment recruitment. If we cannot anticipate these conditions effectively, social instability may occur. In the long term, this will widen the gap among income groups, increase disparity between regions and between cities and villages, and cause inter-generational poverty.
Tidak tersedia versi lain