Abstract

The objective of this research is to find out how the contribution of SOEs in the economic sector in the face of theCovid-19 pandemic which threatens economic stability and the consequences of the Covid-19 pandemic in theeconomic sector. The research method used was qualitative by following the typology of normative legalresearch. The research data were collected by means of literature and document studies. The data that has beencollected will be identified and arranged systematically and written descriptively and analyzed qualitatively. Theresearch results obtained are: 1. Contribution of SOEs in the economic sector in the context of facing the Covid-19pandemic, including a. The State Electricity Company (PLN) which contributes to providing free electricityassistance; b. PT Jamkrindo and PT Askrindo contributed in providing credit guarantees; c. Pegadaian, PNM, andBRI contributed in providing interest subsidy incentives. 2. The consequences arising from the Covid-19pandemic in the economic sector include household consumption or people's purchasing power of the economywhich has decreased drastically, there is prolonged uncertainty so that investment weakens and has implicationsfor the cessation of business, and the whole world is experiencing economic downturn so that Commodity pricesfell and Indonesian exports to several countries also stopped.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.