Tuesday, 01 March 2022 09:45

Economy of Malang City Claimed to Grow 4.21%

Malang's economic growth was driven by the wholesale and retail trade sector. The economy of Malang City continues to show signs of recovery after the Covid-19 pandemic. This is reinforced by economic growth which reached 4.21%, as reported by the Central Statistics Agency (BPS) Malang City, Friday (25/2/2022). Malang Mayor, Sutiaji said, this significant increase could not be separated from the hard work of all stakeholders in Malang City. This includes various economic stimulus policies and determination to continue to build integrated infrastructure. "Until the social safety net in difficult times of the pandemic throughout the period 2020 to 2021," said Sutiaji in an official message received. Sutiaji basically welcomed the achievement of economic growth which exceeded the initial prediction in the range of 3.5% to 4%. We are grateful for this achievement and it is hoped that this momentum can be maintained. One of them is by collaborating to strengthen the joints of the economy and maintain the conduciveness of the region. Based on the publication of the City of Malang in Figures (MDA) in 2022, the value of the Gross Regional Domestic Product (GRDP) at Current Prices of Malang City also increased from IDR 72.16 trillion (2020) to IDR 76.62 trillion (2021). The wholesale and retail trade sector is still the largest contributor to GRDP, at 29.09%. Then followed by the processing industry by 26.72% and construction by 12.39%. Meanwhile, the year on year (yoy) inflation rate was controlled at around 1.75%. This achievement is an indication that people's purchasing power is starting to recover. The economy of Malang City continues to show signs of recovery after the Covid-19 pandemic. This is reinforced by economic growth which reached 4.21%, as reported by the Central Statistics Agency (BPS) Malang City, Friday (25/2/2022). Malang Mayor, Sutiaji said, this significant increase could not be separated from the hard work of all stakeholders in Malang City. This includes various economic stimulus policies and determination to continue to build integrated infrastructure. The West Sumatra Regional Police Opens Emergency Command Posts at Four Earthquake Locations "Until a social safety net during difficult times of the pandemic throughout the period 2020 to 2021," said Sutiaji in an official message received. Sutiaji basically welcomed the achievement of economic growth which exceeded the initial prediction in the range of 3.5% to 4%.


We should be grateful for this achievement and it is hoped that this momentum can be maintained. One of them is by collaborating to strengthen the joints of the economy and maintain the conduciveness of the region. Transfer of ASN to IKN, Kominfo: Not Just Transfers Based on the publication of Malang City in Figures (MDA) in 2022, the value of Gross Regional Domestic Product (GRDP) at Current Prices of Malang City also increased from IDR 72.16 trillion (2020) to IDR 76 .62 trillion (2021). The wholesale and retail trade sector is still the largest contributor to GRDP, at 29.09% Then followed by the processing industry by 26.72 percent and construction by 12.39%. Meanwhile, the year on year (yoy) inflation rate was controlled at around 1.75%. This achievement is an indication that people's purchasing power is starting to recover. Denny Indrayana: The discourse on postponing the election is an insult to the constitution. This man in glasses asks all parties to remain vigilant because the pandemic is not over yet. The impact of the spread of omicron and the dynamics leading up to the political year that often raises conduciveness challenges. In addition, the geopolitical map of the world is heating up which needs to be anticipated. According to Sutiaji, the key to dealing with it all is by strengthening the people's economy. Then digitize Micro, Small and Medium Enterprises (MSMEs), competitive tourism and entrepreneur-oriented creative economy human resources. "Supported by a good ecosystem and infrastructure, God willing, we are optimistic that we will rise together," he said.

Source: https://www.republika.co.id/berita/r7w50x370/ekonomi-kota-malang-diklaim-tumbuh-421-persen

 

 

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