The Governments Efforts To Save The States Financial Economic During The Covid -19 Pandemic

Authors

  • Robbi Ronald Universitas Pamulang
  • Wanda Wariki Universitas Pamulang
  • Yoyon Mulyana Darusman Universitas Pamulang

Abstract

The extraordinary condition of the pandemic prompted various countries to take extraordinary steps in order to save the people and their economy, such as carrying out a fiscal expansion policy, loose monetary policy, lowering Central Bank interest rates, accompanied by pumping liquidity or other measures. quantitative easing, as well as relaxation of regulations in the financial sector. These various efforts are made to be able to maintain and protect people's lives and the economy, the government provides regulatory protection, namely the issuance of Perppu No. 1 of 2020 and Law No. 2 of 2020. Issuance of Law (UU) No. 2 of 2020 concerning State Finance Policy and Financial System Stability for Handling the Covid-19 Pandemic is intended to provide protection for people's lives which are very seriously threatened by the spread and spread of Covid-19, both from the aspect of life safety due to health and safety threats, as well as the social and economic life of the community. All policies in Law Number 2 of 2020, especially policies in the field of state finances that have been implemented at this time, have been based on assessments and using factual data on the impact of the Covid-19 threat to society and the state.

 

 Keywords: Government, Pandemic, Economy, State

References

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https://mediaindonesia.com/politik-dan-hukum/305638/judicial-review-perppu-nomor-1-tahun-2020-diapresiasi

https://nasional.sindonews.com/read/25893/18/lima-catatan-untuk-perppu-nomor-1-tahun-2020-1589277954

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Published

2022-03-07

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