International Economics (IEC) is providing technical assistance to the Indonesian government, specifically the Ministry of National Development Planning of the Republic of Indonesia (BAPPENAS) in assessing the economic impact of COVID-19 on businesses in Indonesia, with a deep dive into key sectors and their entire value chain to prepare recommendations for supporting the country’s recovery effort.

IEC will prepare (i) A Study on the Impact of COVID-19 on global value chains relevant to Indonesian exports using quantitative approaches and supported by relevant qualitative approaches; (ii) A Deep Dive Study into three or four sectors and the trade impacts on these sectors across their value chain using quantitative and qualitative approaches; and (iii) An Implementation Roadmap, based on agreed recommended actions, which sets out precisely what needs to be done, by whom and by when. It will detail inter alia the essential steps, timelines, technical assistance, and governmental/departmental actions.

The ultimate objective of the project is to contribute to enhanced institutional knowledge on the impact of COVID-19 across sectors, improved trade-related competencies to implement COVID-19 recovery efforts, and improved awareness and knowledge of the domestic industry including SMEs in participating in global value chains.