Abstract
The Indonesian Government issued various policies and regulations in relation to the National Economic Recovery Program (PEN) in order to mitigate the negative effects of the Covid-19 pandemic. The Government spent Rp 695.20T as an additional state expenditure to enhance economic growth. The MSME sector received Rp 123.46T in fiscal support. The South Sulawesi Provincial Government reported that around 65 percent of the IDR one trillion in PEN funds received went to MSMEs, particularly for superior commodities and to encourage exports. Given the large amount of PEN funds diverted to MSMEs in South Sulawesi Province, it is certainly interesting to investigate the impact of PEN provision. Using six indicators from William N. Dunn’s qualitative research, this study examined in depth the evaluation of the PEN MSME policies in South Sulawesi Province. Effectiveness, efficiency, adequacy, equality, responsiveness, and accuracy were the indicators. According to the findings of our research, the policy was less precise, but the levels of effectiveness, efficiency, adequacy, equality, and responsiveness were all excellent.
 Keywords: Covid-19, PEN, MSME
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