Jurnal Ekonika : Jurnal Ekonomi Universitas Kadiri
Vol. 7 No. 1 (2022): April 2022

Macroeconomy of Riau Province and Government Policies Overcoming the Impact of Covid-19 Pandemic

Mardiana Mardiana (Development Economics, Faculty of Economy and Business, Riau Univeristy, Indonesia)
Eriyati Eriyati (Development Economics, Faculty of Economy and Business, Riau Univeristy, Indonesia)
Ritayani Iyan (Development Economics, Faculty of Economy and Business, Riau Univeristy, Indonesia)
Toti Indrawati (Development Economics, Faculty of Economy and Business, Riau Univeristy, Indonesia)
Dahlan Tampubolon (Universitas Riau)



Article Info

Publish Date
20 Apr 2022

Abstract

This article aims to analyze the impact of Covid 19 on the macroeconomy of Riau Province, including economic growth, investment, public consumption, and inflation in Riau Province and Riau Province government policies to overcome them. This study takes data related to macroeconomics in Riau, uses secondary data. Covid 19 caused a decrease in economic growth compared to the period before Covid 19. Covid 19 did not have a too significant impact on investment in Riau Province. The condition even shows an increase in investment compared to the previous year. Covid 19 caused a significant decrease in public consumption in Riau Province. Covid 19 causes inflationary instability in Riau. The Riau Provincial government's policy in controlling the impact of Covid 19 on the macroeconomic sector is through refocusing as the Covid recovery budget in Riau and supporting the realization of the National Economic Recovery fund budgeted by the Central Government. The government's policy is to ensure the implementation of infrastructure development (toll roads and provincial roads) to support distribution, agricultural incentives, labor-intensive projects, SME assistance, Pre-Employment Cards, and other policies aimed at ensuring economic stability in Riau Province.

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Journal Info

Abbrev

ekonika

Publisher

Subject

Economics, Econometrics & Finance

Description

Ekonika : Jurnal Ekonomi Universitas Kadiri publish by Faculty of Economics, Universitas Kadiri. The Journal of Ekonika first appeared in March of 2016. The journal is published twice a year, in April and September. Ekonika is a national scientific journals are open to seeking innovation, creativity ...