Bappenas drafting four strategies to boost economic resilience

Posted on by Web Desk

Jakarta (ANTARA) – The National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has said it is preparing four strategies to strengthen economic resilience in pursuit of quality and just growth.

The first strategy pertains to economic recovery, PPN Ministry/Bappenas deputy for economy, Amalia Adininggar Widyasanti, disclosed at a working meeting with the Budgetary Committee of the House of Representatives (DPR) here on Wednesday.

The economic resilience policy is directed at accelerating economic recovery, including restoring the people’s purchasing power, diversifying products, and conducting business climate reforms, she said.

“The strategy will cover the agricultural sector through (the improvement of) food productivity and supply chains,” she added.

The second strategy involves promoting the manufacturing industry by improving productivity and competitiveness, developing industrial estates as investment destinations, implementing Industry 4.0 and digital technology, and driving exports of processed goods rather than raw materials to increase added value, Widyasanti informed.

The third strategy covers tourism and includes restoring the tourism market, strengthening tourist destinations through good governance standards, improving infrastructure, including sanitation, and increasing the added value of the creative economy, she said.

The strategy also includes human resources development for creating a skilled workforce and market expansion to usher in tourism recovery, which is expected to happen by 2023, she added.

“The year 2022 is a good momentum for us to strengthen and rearrange excellent tourist destinations so that they will become more competitive and attract more tourists,” Widyasanti remarked.

The fourth strategy pertains to micro, small, and medium enterprises (SMEs) and includes encouraging education and training courses, coaching, and financing, she said.

The strategy also covers the development of territory-based champion SMEs, supply chain-based strategic partnerships, and business consolidation supported by production and digitalization, she added.

“Of equal importance is how to continue fiscal reforms, apply financial systems, improve the quality of investment, improve the logistics system, and speed up the transition to new and renewable energy,” Widyasanti said.

 

Source: Antara News

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