JCI have started to take a U-turn, moving downtrend in the past 2 weeks. At the same time, the number of Covid-19 cases in Indonesia have also surpassed the 1 million mark. Social restriction policy both through the large-scale social restriction (PSBB) and restriction of community activities (PPKM) have not been effective in reducing the spread of virus.

Meanwhile, the government also increases the health budget in the 2021 National Economic Recovery (PEN) program. However, further coordination is crucial for all the resources to be distributed to a more precise target. The government is considered to also need to be more assertive in implementing health protocols and not only rely on public awareness.

 

Reference:

https://investasi.kontan.co.id/news/kasus-covid-19-tembus-1-juta-dan-ihsg-downtrend-begini-komentar-nh-korindo-sekuritas