Bank Indonesia is optimistic that by the end of 2021, the economy can grow in the range of 3.5% to 4.3%. This projection is supported by export and investment performance. In daily research, Pilarmas Investindo Sekuritas explained, after the weakening due to Covid-19, increasing export performance and investment will also support economic growth. In detail, the increase in exports was supported by the non-oil and gas sector 48.03% and oil and gas 30.97%," explained Pilarmas, Monday (25/10).

In addition, improvement in economic performance was also supported by improved investment performance accompanied by continued fiscal and monetary policy stimulus. The bureaucratic reform of the Job Creation Law is expected to support the ease of investment in the real sector, so that it can be integrated into local and global supply chains. Investment in the Micro, Small and Medium Enterprises (MSMEs) sector is also inseparable from the government's focus. The existence of the Job Creation Law is expected to open up more new job opportunities and automatically absorb more workers. An increase in the number of domestic workers will encourage Foreign Direct Investment (FDI) has increased. "The Job Creation Law is expected to be a breakthrough to accelerate the acceleration of economic recovery, so that Indonesia's economic stability is maintained," concluded Pilarmas.

Sources: https://www.beritasatu.com/ekonomi/845095/fokus-pasar-pemulihan-ekonomi-indonesia