Semarang | 20 December 2022 - Semarang Regional Development Planning Agency (Bappeda) held an Economic Outlook for 2023. With the theme " Semarang City's Optimism in Facing Global Recession Predictions," at Hotel Neo Candi Semarang.
Based on data obtained over the past year, the Head of the Economic Planning Division of Bappeda Semarang, M Luthfi Eko Nugroho, explained that at the end of each year, the Bappeda of Semarang City predicts that next year's economy will experience inflation and recession by 2023.
"Apart from predicting what the end of the year will be like, next year we have to see which sectors are contributing, which ones we will improve and encourage. And what the government policy is like," he said accompanied by the Head of Bappeda, Budi Prakosa.
In 2021, Semarang City's economic rate was 5.16. It is predicted that 2022 will use three scenarios, which are optimism at 7,5. "The moderate is 6, and the pessimistic is 5. The trend will be up," he said. To establish the economic growth rate such as maintaining consumption or people's purchasing power, his party will strengthen 4K.
This recession can really be ignored if local goods and domestic products are increased. "Here the role of MSMEs is further enhanced, and the monetary policy is pro-entrepreneurs. There must be a clear government area," he said.
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