Page 39 - Buku BPJT 2020
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Negative economic growth was due to out with monitored and strict health
stagnant business activities. According to protocols applied. The implementation of
BPS, the transportation and warehousing the protocol in the construction sector is
sectors recorded the largest decline in GDP regulated in the Instruction of the Minister
throughout 2020, namely 15.04 percent. of Public Works and Housing (Inmen PUPR)
No 02/IN/M/2020 on Protocol for Corona
It was then followed by accommodation Virus Disease 2019 (Covid-19) Spreading
and food & beverage service sectors by Prevention.
10.22 percent. The stagnancy in business Presiden Joko Widodo dalam
sectors is reflected in the decline in the Visi Pembangunan 2020- Budget Reallocation
hotel room occupancy rate of minus 39.75 2024 menegaskan, salah satu Force majeure due to the pandemic forced
BADAN PENGATUR JALAN TOL hotels and restaurants were closed during melanjutkan pembangunan that started as a health problem quickly
percent. The number of visits by foreign
prioritas pemerintah adalah
tourists is minus 75.03 percent. Many
recalculation of the budget. A pandemic
infrastruktur.
the Covid-19 pandemic.
reached the economic sector and triggered
social problems. Therefore, the Ministry of
In
Development
The construction sector, which is closely
2020-2024
Finance as the state’s treasurer focused
related to the infrastructure, could not
escape the contraction either after having
protection,
management,
social
confirmed that the government
and
contracted 3.26 percent throughout 2020. Visions, President Joko Widodo the 2020 budget allocation for health
domestic economic recovery.
priority is among others carrying
Despite negative value, performance of on infrastructure development.
the construction sector was still much The Covid-19 pandemic forced the
better than those of transportation as well government to make special policies,
as food and drink accommodation. i.e. widening the budget deficit to 6.34
percent of GDP. Therefore, the government
This is partly due to the fact that needed special fundings as well to be able
infrastructure projects continue to roll to finance Covid-19 management and
economic recovery programs, such as by
issuing government bonds (Surat Utang
Negara/SUN).
ank Indonesia also helped the absorption
of SUN emissions under a burden sharing
scheme with the Ministry of Finance. In
response to sharp decline in purchasing
ability, Bank Indonesia lowered the BI 7
Days Reverse Repo Rate three times until
it reached the level of 3.75 percent, the
lowest in history.
Presidential Instruction Number 4 of 2020
is the basis for the activity refocusing,
budget reallocation, and procurement
of goods and services for Covid-19
management. Budget reallocation was
also regulated in Presidential Regulation
Peresmian jalan tol oleh Presiden Joko Widodo. Number 54 of 2020 on The Revision of
Allocation and Details in the Income and
Expenses of the State Budget 2020. This
regulation was later revised to become
BADAN PENGATUR JALAN TOL
Presidential Decree Number 72 of 2020.
In accordance with the big theme of
the 2020 State Budget (APBN), the
infrastructure sector received a sizable
budget ceiling of Rp423.3 trillion. This
number was 7.4 percent bigger compared
to 2019 budget of Rp394.1 trillion.
Transformasi Jalan Tol, Merajut Nusantara (Toll Road Transformation, Connecting The Nation) | 39