Page 90 - 2021 Annual Report
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Kilas Kinerja          Laporan                Profil                  Analisis dan Pembahasan
             Performance            Manajemen              Perusahaan              Manajemen
             Highlight              Management Report      Company Profile         Management Discussion
                                                                                   and Analysis




             TINJAUAN PEREKONOMIAN DAN INDUSTRI
             Economy and Industry Review




             Kondisi pandemi COVID-19 sepanjang tahun 2021    The COVID-19 pandemic condition, which
             masih membayangi pertumbuhan perekonomian        continued throughout 2021, still overshadowed
             global. Berbagai tekanan dan kondisi yang penuh   global economic growth. The many pressures and
             ketidakpastian  turut  membuat pertumbuhan       uncertain conditions contributed to fluctuations
             ekonomi global mengalami fluktuasi meskipun      in global economic growth, although in general it
             secara umum telah bergerak ke arah yang sangat   has moved in a very good direction.
             baik.

             Merebaknya COVID-19 varian Delta pada April      Due to the outbreak of the Delta variant of
             2021 di sejumlah negara membuat International    COVID-19 in April 2021 in a number of countries,
             Monetary Fund (IMF) dalam laporan  World         the International Monetary Fund (IMF) in its
             Economic Outlook yang dikeluarkan pada bulan     World Economic Outlook report issued in October
             Oktober memproyeksikan pertumbuhan ekonomi       projected that global economic growth would
             global mengalami koreksi sebesar 0,1% menjadi    experience a correction of 0.1% to 5.9% in 2021.
             5,9% di tahun 2021.

             Sementara itu, tahun 2021 menjadi tahun yang     Meanwhile, 2021 was a year full of optimism for
             penuh optimisme bagi pertumbuhan ekonomi         national economic growth even though it is still
             nasional meski masih dibayangi kondisi pandemi   overshadowed by the COVID-19 pandemic. The
             COVID-19. Pemerintah senantiasa menerapkan       Government has implemented sustainable policies
             kebijakan yang berkelanjutan sejak awal pandemi   since the beginning of the pandemic to control
             untuk mengendalikan kondisi pandemi di dalam     pandemic conditions in the country, one being by
             negeri, salah satunya dengan mempercepat         accelerating the vaccination program in early 2021.
             program vaksinasi sejak awal tahun 2021. Hal     This can be seen based on data from the Central
             tersebut terlihat berdasarkan data Badan Pusat   Statistics Agency (BPS) Indonesia’s economic
             Statistik (BPS) pertumbuhan ekonomi Indonesia    growth of minus 0.74% ( yoy) in quarter I-2021 that
             yang sebesar minus 0,74% (yoy) pada Triwulan     grew to 7.07% (yoy) in quarter II-2021.
             I-2021 menjadi tumbuh cukup tinggi hingga 7,07%
             (yoy) pada Triwulan II-2021.

             Meski demikian, pemulihan ekonomi di dalam negeri   However, the domestic economic recovery was
             juga masih mengalami sejumlah tantangan yang     also still experiencing a number of challenges,
             terjadi seperti merebaknya virus COIVD-19 varian   such as the outbreak of the Delta variant of the
             Delta pada bulan April hingga mencapai puncaknya   COIVD-19 virus in April that peaked in July 2021.
             di bulan Juli 2021. Pemerintah kemudian menerapkan   The Government then implemented an Emergency
             Pemberlakuan Pembatasan Kegiatan Masyarakat      Community Activity Restriction (PPKM) to control
             (PPKM) Darurat untuk mengendalikan laju          the spread of COVID -19, and this had an impact
             penyebaran COVID-19 sehingga berdampak pada      on the national economic growth that corrected
             pertumbuhan ekonomi nasional yang terkoreksi     to 3.51% (yoy) in the third quarter of 2021.
             hingga menjadi 3,51% (yoy) pada Triwulan III-2021.

             Untuk memperbaiki kondisi pada periode tersebut,   To improve conditions during this period, Bank
             Bank Indonesia dalam Laporan Kebijakan Moneter   Indonesia in its Quarter IV-2021 Monetary Policy
             Triwulan IV-2021 menyebutkan Pemerintah          Report stated that the Government would provide
             berupaya untuk memberikan stimulus ekonomi       an economic stimulus by maintaining the BI 7-Day
             dengan mempertahankan suku bunga BI 7-Day        Reverse Repo Rate (BI7DRR) at 3.50%, the deposit
             Reverse Repo Rate (BI7DRR) di angka 3,50%, suku   facility interest rate at 2.75%, and the lending facility
             bunga deposit facility 2,75%, dan suku bunga     interest rate at 4.25%. Through these policies,
             lending facility 4,25%. Melalui kebijakan-kebijakan   Indonesia’s economic growth in the fourth quarter
             tersebut, pertumbuhan ekonomi Indonesia pada     of 2021 managed to improve to 5.02% (yoy) in line
             Triwulan IV-2021 berhasil mengalami perbaikan    with the start of a booster vaccination program




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