Monday, 30 March 2020 07:10

Government's Good News in the Middle of Corona Virus

In the midst of the corona outbreak that has not yet ended, it turns out that the Indonesian government has good news by issuing several policies to support the economy and prevent the spread of the virus. Let's see more in here.

Giving stimulus to the economy Corona virus stops many business activities. As a result, economic growth is disrupted. However, the government has issued several stimuli to sustain the economy, including:

Accelerating social assistance to the community such as: Hope family programs, basic food cards, pre-employment cards, and others Exemption from income tax for workers in the manufacturing industry Hotel and restaurant tax exemption in 33 districts / cities Delayed payment of import income taxes to 19 specific business sectors Simplification of export and import rules for business actors

All of these policies aim to ensure that the effects of the decline in people's purchasing power and slowing down business activities are not too severe. Indeed, the results are not yet felt, but some of the policies will be valid for the next 6 months. If the corona outbreak could improve in just a few months, the effects of the policy would be more pronounced in our economy.

Prepare a Rapid Test Kit The latest news also, the government has just prepared a rapid test kit of 125 thousand units that will be distributed to provinces in need. This test kit reportedly only takes about 15 minutes to get the results. With faster tests, prevention of early spread can also be done.

Indeed, it is difficult to guess how long the corona outbreak will be finished, but in their home country, namely China, with the presence of strict lockdown and handling, most of those affected by corona (more than 90%) have recovered. Hopefully all the efforts of the Indonesian government at this time can also deal with the epidemic well in the future.

For those of you who are investing, you don't need to worry anyway guys. Remember, in history, every decline in the market is always followed by an increase again, when economic conditions begin to recover.

At this time, you can apply the Dollar Cost Averaging strategy. This strategy keeps you investing regularly in any condition. By continuing to buy when market prices are falling now, you can get an average purchase price that is much cheaper. When the Corona outbreak is resolved and the market recovers, then your profits will certainly be more optimal in the long run.

Source: https://blog.bibit.id/blog-1/2020/3/26/ini-kabar-baik-pemerintah-di-tengah-corona

 

 

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